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Rofin-Sinar Announces Laser Spinoff

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Jennifer L. Morey

Rofin-Sinar Technologies Inc., a manufacturer of industrial laser products, announced that it has formed Rofin-Sinar UK Ltd. to develop and manufacture low-power CO2 lasers. The spinoff, which will be based in Kingston upon Hull, UK, will make lasers in the 25- to 600-W range for materials processing applications such as cutting and marking. As part of the venture, Rofin-Sinar Technologies acquired Palomar Technologies Inc., the UK subsidiary of Palomar Medical Technologies Inc. Rofin-Sinar did not disclose the terms of the acquisition except to say that Palomar employees will be transferred...Read full article

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    Published: March 1998
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