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BUSINESS NEWS
Microvision Awarded $1M for Eyewear
Jul 13, 2009 — Microvision Inc. of Redmond, Wash., was awarded a $1 million subcontract by Lockheed Martin Corp last week as part of DARPA’s Urban Leader Tactical Response, Awareness & Visualization (ULTRA-Vis) program, an advanced technology development...
Kappa Opto-Electronics Hires Sales Manager
Jul 10, 2009 — Kappa Opto-Electronics GmbH, a Gleichen, Germany-based maker of cameras and systems, has appointed Alexander Berg as sales and marketing manager. Berg, formerly CEO of a software development company and a clinical research organization, will help...
Sandia Appoints New VP
Jul 10, 2009 — Carolyne Hart has been selected as vice president of weapons engineering and product realization, Sandia National Laboratories Director Tom Hunter announced Thursday. Hart has been a member of Sandia's Defense Systems and Assessments Program...
Sick's Gökstorp Elected EMVA President
Jul 10, 2009 — The European Machine Vision Association (EMVA) executive committee elected Dr. Mats Gökstorp of Sick Inc. as its new president last month. He replaces Gabriele Jansen, who served as president for the past two terms and remains a member of the EMVA...
JDSU Buying Finisar's Tools
MILPITAS, Calif., July 9, 2009 -- In a move expected to expand its lab test market presence, JDSU announced it will acquire the Network Tools business of fiber optics subsystems provider Finisar Corp. for $40.6 million in cash before the end of July.
Photronics Closes Shanghai Facility
Jul 9, 2009 — Photronics, a supplier of imaging technology solutions located in Brookfield, Conn., announced it is closing its integrated circuit photomask manufacturing facility in Shanghai, China, in an effort to reduce costs. While the closure is expected to...
Amtech Appoints Hwang to BoD
Jul 6, 2009 — Amtech Systems Inc., a Tempe, Ariz.-based supplier of production and automation systems and related supplies for the manufacture of solar cells, announced the appointment of Dr. James (Jeong Mo) Hwang to its Board of Directors. Hwang has more than...
Oclaro, Newport Finalize Deal
SAN JOSE, Calif., July 6, 2009 – Under the agreement Newport has acquired the New Focus business of Oclaro’s Advanced Photonics Solutions division in exchange for the Newport Spectra Physics high power laser diodes business in Tucson, Ariz.
Bruker Gets EPR Spectrometer Order
Jul 3, 2009 — Bruker BioSpin of Karlsruhe, Germany, announced its first order for an Elexsys™ E780 system, the first commercial mm-wave 263-GHz EPR (electron paramagnetic resonance) spectrometer and its EPR division's first foray into quasi-optical...
Dugan Named DARPA Director
Jul 3, 2009 — Regina E. Dugan has been appointed as the 19th director of the Defense Advanced Research Projects Agency (DARPA), the Department of Defense (DoD) announced. DARPA is the principal agency within the DoD for high-risk, high-payoff projects in...
Kennedy Hired as President, EO Japan
Jul 3, 2009 — Optical components provider Edmund Optics (EO) of Barrington, N.J., announced the appointment of Timothy Paul Kennedy as president, Edmund Optics Japan. Kennedy replaces veteran Isao Wakasa, who pioneered the development of the EO sales location in...
Toptica Buys Till Photonics
MUNICH, Germany, July 2, 2009 -- A German consortium led by Toptica Photonics AG of Munich has acquired bioimaging specialist Till Photonics GmbH from Agilent Technologies. The transaction concluded June 30; financial terms were not disclosed.
UK, China Fund Spintronics Study
Jul 2, 2009 — A team of researchers from the University of Surrey and two other institutions have been awarded a grant of around £430,000 (about $704,000) to develop prototype ultrasmall-scale silicon structures for "spintronic" semiconductors. Jointly awarded by...
Universal Display Nabs $750K Contract
Jul 2, 2009 — Phosphorescent organic LED (PHOLED) provider Universal Display Corp. of Ewing, N.J., has been awarded a $750,000 Small Business Innovation Research (SBIR) Phase II contract from the US Air Force Research Laboratory to develop a nonglass,...
Laser Show Bolsters Industry
MUNICH, Germany, July 1, 2009 -- While overall attendance at Laser World of Photonics 2009 was down about 10 percent from 2007, the number of exhibitors, quality of contacts made, and innovations shown on the show floor had attendees feeling optimistic.
Newport Relocating Lasers HQ
IRVINE, Calif., July 1, 2009 -- Newport Corp. will relocate and consolidate its Spectra-Physics Lasers Div. headquarters from its five-building campus in Mountain View, Calif., to a single new facility in Santa Clara, Calif., that will also integrate its latest acquisition, the...
Zeiss Adds Extreme Metrology
NEW YORK, June 10, 2009 – Carl Zeiss IMT Corp. is planning to roll some of its existing products into a new extreme metrology group. The new group will offer manufacturers solutions for products that are “different from the run-of-the-mill stuff,” said Kevin Legacy, the...
Pencil-thin LCD Panel Debuts
SEOUL, Korea, May 20, 2009 -- LG Display Co. Ltd. announced Tuesday that by using an LED backlight assembly and other slimming technologies, it developed large LCD TV panels that are only as thick as a pencil and weigh less than 16 lbs.
New Probe to Measure Freeform Optics
ROCHESTER, N.Y., May 15, 2009 -- Demand for freeform optical elements is on the rise, and they have gotten easier to make, but at the moment no commercial systems exist to measure such components. Researchers at ASE Optics Inc. in Rochester, N.Y., have demonstrated that a scanning...
Photonics Booming in Canada
SAN JOSE, Calif., Feb. 5, 2009 -- The photonics industry is booming in Canada, which just might give new meaning to the phrase "northern lights." The nation has 370 photonics companies that employ 20,000 people, and the industry generates $4.5 billion in Canadian revenue each...
Photonics Booming in Canada
SAN JOSE, Calif., Feb. 5, 2009 -- The photonics industry is booming in Canada, which just might give new meaning to the phrase "northern lights." The nation has 370 photonics companies that employ 20,000 people, and the industry generates $4.5 billion in Canadian revenue each...
Paetec to Acquire McLeodUSA
FAIRPORT, N.Y., Sept. 19, 2007 -- Paetec Holding Corp. announced this week it will acquire McLeodUSA Inc. of Cedar Rapids, Iowa, in an all-stock merger for a total of $557 million, including $492 million in stock and $65 million in debt assumption. "This transaction is squarely...
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