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02 Mar 21
Velodyne founder claims ‘boardroom ambush’

David Hall says dismissal of both him and wife Marta from lead roles suggests “internal power grab” at the lidar company.

26 Feb 21
Gooch & Housego announces positive trading update

Virtual AGM reports improved levels of industrial laser demand and further streamlining of manufacturing.

25 Feb 21
€26M round to expand diffractive optics production at NIL Technology

New European Innovation Council Fund takes part in series B effort by Danish maker of optical components.

24 Feb 21
Universal Display powers to record sales on OLED boom

Long-standing developer of organic LED materials reaps financial rewards as the displays technology proliferates.

23 Feb 21
LiDAR developer AEye to go public via merger with CF Finance Acquisition

Active-sensing LiDAR technology delivers partial or full autonomy; boards of both parties have unanimously approved the transaction.

23 Feb 21
Osram backs deep-UV LED disruptor Bolb

Lighting giant’s venture unit leads $16 million investment in California startup developing efficient short-wavelength emitters for germicidal applications.

18 Feb 21
nLight boosted by defense business

Sales rose 26% in 2020, thanks largely to the addition of beam combining and control specialist Nutronics.

16 Feb 21
IPG targets ‘tens of thousands of customers’ with hand-held welders

Sales back on the rise at the fiber laser specialist, with new ultra-compact designs expected to improve profit margins.

15 Feb 21
II-VI escalates Coherent bidding war with $6.4 billion offer

$260-per-share offer trumps both agreed deal with Lumentum and rival bid from MKS Instruments.

11 Feb 21
Jenoptik hits revenue forecast, exceeds profitability target

Group revenue in past fiscal year reached €767 million, with €28 million coming from latest acquisition Trioptics.

10 Feb 21
II-VI claims 3D sensing gains as order book swells

Record quarterly sales, cashflow, and backlog as Finisar cost-savings run ahead of plans.

09 Feb 21
MKS launches rival bid for Coherent

Owner of Spectra-Physics and Ophir brands makes unsolicited approach implying 16% premium on Lumentum deal.

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