Vertically integrated facility enables company to make key optics for defense on US soil for the first time.
Licensing and sales agreement running through 2017 builds on eleven-year relationship between the companies.
The precision optics and metrology firm has just posted net earnings of $19 million for fiscal 2011.
Windfall for Ruud family as the chip manufacturer acquires one of the leading exponents of outdoor LED lighting.
Demand for both telecom and gesture-recognition components are hit, but JDSU sees growth in kilowatt fiber laser sales.
Small-cap optical component vendors see a rise in orders and volumes, although price pressures are impacting sales.
Fewer MOCVD reactors will ship in 2011 than previously expected, but that should help with the current oversupply of LED chips.
Lux Research says that solid growth in PV installations will be more than offset by price declines for the next five years.
Exclusive agreement with distributor and construction company TFG Radiant valued at $450 million plus royalties.
All three business segments of the reconstituted company saw double-digit revenue growth in the second quarter.
The restructuring program already underway is being accelerated, with profitability next year the goal.
Nervousness was on the increase even before the US credit downgrade caused chaos, according to Longbow Research.
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