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Deposition Sciences Inc. - Difficult Coatings - LB - 8/23

Newport Buys Corning OCA'sCommercial Optics Operation

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IRVINE, Calif., Oct. 25 -- Newport Corp. has acquired the commercial optics operation of Corning Inc. subsidiary Corning OCA Inc. The company expects the cash transaction to accrete to earnings immediately. Based in Garden Grove, Calif., Corning OCA's commercial operation manufactures high-performance precision optical products and systems, specializing in opto-mechanical subassemblies as well as thin-film technology and coatings. The company expects pro forma sales for 1999 to total approximately $10 million. These operations, which are synergistic with our existing optics business,...Read full article

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    Published: October 1999
    CoatingsindustrialNews & Features

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