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Laser Industry News 2008 p31:
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Gemfire and Covega merge to develop next-generation integrated photonics
February 15, 2008, Fremont, CA--Gemfire Corporation announced the completion of the merger with Covega Corporation (Jessup, MD), a provider of indium-phosphide and lithium niobate components and modules to the telecommunications, industrial, medical, defense, and test and measurement industries.
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Executive Panel Session gives mixed outlook for 2008: mostly sunny, chance of rain
Feb. 12, 2008, San Jose, CA--Top executives gave a mixed forecast for the photonics industry in 2008 at the January 23 Photonics West Executive Panel Session, "Market Direction and Implications for the World of Photonics."
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Laser Energetics secures $12 million to accelerate R&D
February 12, 2008, Mercerville, NJ--Laser Energetics (LEI), with its focus on alexandrite laser technology, executed a financing agreement for a $12 million equity investment into the Company. The investment is priced at a substantial premium to the current market price. The investment is being made by a company with whom LEI already has an existing business relationship.
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Cree to acquire LED luminaire manufacturer for $77 million
February 11, 2008, Durham, NC--LED manufacturer Cree has signed a definitive agreement to acquire privately-held LED Lighting Fixtures, an LED luminaire manufacturer.
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Navitar expands lens design & prototyping capabilities with Special Optics acquisition
February 8, 2008, Rochester, NY--Navitar, a manufacturer and distributor of precision optics and opto-mechanical assemblies for the machine vision and digital projection industries, acquired Special Optics (Wharton, NJ), a privately owned manufacturer of optical assemblies for long-range surveillance, laser scanning, laser projection, ultraviolet, visible, and infrared applications.
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Optometrics buys optics product line from Precision Optics
February 7, 2008, West Berlin, NJ--Optometrics Corporation (Ayer, MA) has acquired an optical filter product line from Precision Optics Corporation, Inc.
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Corning expands LCD glass capacity in Taiwan
February 7, 2008, Corning, NY--Expansion of Taichung facility to support rapidly growing Taiwan market.
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MONA publishes European roadmap for photonics and nanotechnologies
February 6, 2008, Grenoble, France--The MONA project announces the publication of a European Roadmap for Photonics and Nanotechnologies that identifies potential synergies between photonics/nanophotonics and nanomaterials/nanotechnologies.
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Rofin-Sinar reports record Q1 financial results
February 4, 2008, Plymouth, MI and Hamburg, Germany--Rofin-Sinar Technologies, developer and manufacturer of laser beam sources and laser-based solutions, reported record financials in its first fiscal quarter of 2008 (the period ended December 31, 2007).
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Vytran becomes part of NKT Photonics
February 4, 2008, Copenhagen and Morganville, NJ--NKT has increased its 27% stake to a full ownership of Vytran for an undisclosed sum.
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