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Trumpf Group Assumes Control Over SPI Lasers

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Ditzingen, Germany-based machine tool and laser manufacturer Trumpf GmbH + Co. KG announced it assumed control of SPI Lasers effective Oct. 7, 2008. Trumpf submitted the bid, which became effective after SPI shareholders approved the sale of more than 90 percent of the Southampton, England-based company’s shares to Trumpf (See: Trumpf Acquiring SPI Lasers) . Fiber laser maker SPI has a global distribution network which Trumpf intends to maintain and expand.
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Published: October 2008
Glossary
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
acquisitionsEmploymentfiber lasersfiber opticsflexible sheet metal processinglaser processingmachine toolsNews BriefsphotonicsPhotonics Tech BriefsSPI LasersTrumpf Group

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