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Nonlaser skin procedures spark interest.(radio-frequency skin tightening)
April 15, 2003... ANAHEIM, CA--Could the next "big thing" to hit the medical-laser market be a non-laser-based procedure? Presentations at the American Society for Laser Medicine and Surgery (ASLMS) meeting this month point to an emerging trend that could have...
Boston Laser buys SLI assets.(Semiconductor Laser International )(Brief Article)
April 15, 2003... BINGHAMTON, NY--Boston Laser has organized a group of European investors for acquisition via a separate holding company of all assets of Semiconductor Laser International (SLI). According to Aharon Meytahl, president and CEO of Boston Laser,...
Taking over. (News Briefs).(Ciena to acquire WaveSmith Networks)(Brief Article)
April 15, 2003... Ciena (Linthicum, MD) intends to acquire WaveSmith Networks (Acton, MA), in a stock deal worth about $158 million. Ciena was an investor in WaveSmith's third round of financing and resells WaveSmith's switching equipment under a worldwide...
IR merger. (News Briefs).(Indigo Systems has acquired the Applied Technology Division of Control Systems Research )(Brief Article)
April 15, 2003... Indigo Systems (Goleta, CA) has acquired the Applied Technology Division of Control Systems Research (Crestview, FL). The new division, Indigo Advanced Systems (IAS), will remain based in Florida. The core hardware and software engineers of...
New CEO. (News Briefs).(Breault Research Organization promotes Kathleen Perkins)(Brief Article)
April 15, 2003... Industry veteran Kathleen Perkins has been promoted to CEO of Breault Research Organization (Tucson, AZ), taking over the helm of the company from founder and president Robert Breault. Perkins, who was vice president of sales and marketing at...
NEMI unveils latest roadmap.(National Electronics Manufacturing Initiative )
April 15, 2003... HERNDON, VA--Although the downturn in the electronics industry has delayed deployment of many technologies, there are still areas with good growth potential--including optoelectronics. This is according to the 2002 roadmap of the National...
Pittcon 2003 showcases science and medicine.(2003 Pittsburgh Conference on Analytical Chemistry and Applied Spectroscopy)
April 15, 2003... ORLANDO, FL--The 2003 Pittsburgh Conference on Analytical Chemistry and Applied Spectroscopy (Pittcon; March 9 to 14, Orlando, FL) was technically vigorous this year, with many sessions relating to the use of lasers in both established and...
Trumpf changes. (News Briefs).(Rolf Biekert will serve as president and CEO )(Brief Article)
April 15, 2003... Beginning July 1, Rolf Biekert will serve as president and CEO of Trumpf Inc. (Farmington, CT), the North American subsidiary of the Trumpf Group (Schramberg, Germany). Biekert will succeed Peter Leibinger, who is returning to Germany to...
Taking it back. (News Briefs).(Osram Opto Semiconductors )(Brief Article)
April 15, 2003... Osram Opto Semiconductors (San Jose, CA) has assumed all worldwide sales activities for its opto-semiconductor products from Infineon Technologies AG, its former joint venture partner. As a result, the wholly owned Osram GmbH subsidiary is...
MOEMS production. (News Briefs).(Xerox Corp-led consortium selects Corning IntelliSense )(Brief Article)
April 15, 2003... Corning IntelliSense (Wilmington, MA) has been chosen to manufacture MOEMS devices by a consortium led by Xerox Corporation. The consortium is part of a $14 million, five-year NIST Advanced Technology Program formed in 1998 to develop a...
Joint venture. (News Briefs).(Oki Electric Industry Co., Fujikura Ltd. form joint venture OF Networks)(Brief Article)
April 15, 2003... Oki Electric Industry Co. (Tokyo, Japan) and Fujikura Ltd. (Chiba, Japan) have jointly established a new company, OF Networks, in Japan to enhance their business partnership in the optical communications business and integrate each company's...
Funding success. (News Briefs).(Kamelian raises $6.7 million)(Brief Article)
April 15, 2003... Kamelian (Oxford, England) raised $6.7 million in its latest round of funding, involving existing investors 3i, Goldman Sachs and Lightspeed, and a new strategic investor, Hoya. According to CEO Paul May, the financing will provide the...
Zygo expands defense and aerospace business.(Brief Article)
April 15, 2003... MIDDLEFIELD, CT--Zygo Corporation has created a new business development group to enhance its presence in the defense and aerospace electro-optic systems industries. The new organization, named Zygo Applied Optics (ZAO), will further...
TuiLaser launches 'e-lamp' for lithography.(single-phase air-cooled lamp)
April 15, 2003... GERMERING, GERMANY--Although excimer lasers provide light at ultraviolet wavelengths desirable for science, micro-machining, and semiconductor processing, they are bulky, expensive, and require much maintenance. For those applications not...
Corning UK site to become photonics R&D center.(Brief Article)
April 15, 2003... CAMBRIDGE, ENGLAND-When Corning (Corning, NY) announced last January that it intended to close its research facility in Ipswich as part of a company-wide cost-cutting effort, the East of England Development Agency (EEDA) moved quickly to find...
Finisar acquires Genoa for $6.5 million.(Brief Article)
April 15, 2003... SUNNYVALE, CA--Finisar Corporation, a provider of fiberoptic components for high-speed data networks, has entered into a definitive agreement to acquire Genoa (Fremont, CA) for around $6.5 million. Founded in 1998, Genoa has developed novel...
New company. (News Briefs).(Ligi Tecnologie Medicali S.p.A. forms Acuus)(Brief Article)
April 15, 2003... Ligi Tecnologie Medicali S.p.A. (Taranto, Italy) has executed a purchase agreement to acquire the rights to Kera Technologies, including know-how and intellectual properties of Kera's refractive laser systems. Terms of the acquisition include...
Series B. (News Briefs).(Capella Photonics raises $7 million)(Brief Article)
April 15, 2003... Optical subsystems developer Capella Photonics (San Jose, CA) raised $7 million in Series B financing as it prepares for initial shipments of its metro and long haul products expected during the second half of the year. Major investors in the...
Platform patent. (News Briefs).(Polatis awarded patent)(Brief Article)
April 15, 2003... Polatis (Cambridge, England) has been awarded a core patent relating to its photonic switching platform. The patent, GB2372834, covers the company's unique micro-actuation and sensor technology and its application in photonic M x N switches.
Outright ownership. (News Briefs).(VISX purchases technology from 20/10 Perfect Vision Optische Gerate)
April 15, 2003... VISX (Santa Clara, CA) has acquired technology, including patents and other assets associated with its WaveScan product line, from 20/10 Perfect Vision Optische Gerate (Heidelberg, Germany). VISX has paid $5.9 million for this technology,...
Exclusive agreement. (News Briefs).(Brief Article)
April 15, 2003... Rofin-Sinar Technologies (Hamburg, Germany) and FANUC (Tokyo, Japan) have signed an exclusive technical license agreement giving FANUC the rights to manufacture and sell Rofin's high-power, diode-pumped, solid-state lasers used for materials...
LEDs and sensors improve hotel lighting efficiency.
April 15, 2003... SACRAMENTO, CA -- A combination of infrared sensing and light-emitting diode technology is on its way into a Double Tree Hotel in Sacramento as part of an energy-saving demonstration project in cooperation with the Sacramento Municipal...
VISX, Nidek resolve all pending litigation.(Brief Article)
April 15, 2003... SANTA CLARA, CA -- After nearly five years of often heated litigation, eye-laser competitors VISX and Nidek (Gamagori, Japan) have decided to bury the hatchet. The companies signed a term sheet outlining a global litigation settlement and...
Optoelectronics Report 40.(securities prices)(Illustration)
April 15, 2003...
Optoelectronics Report 40
52-week
Company Ticker Mar. 30 Apr. 11 Low High
ADC Telecom ADCT 2.06 2.26 1.02 4.15...
OLED advance. (News Briefs).(organic light-emitting diodes )(Brief Article)
April 15, 2003... By chemically attaching a solid-state fluorescent material to a universal polymer backbone, researchers at the Georgia Institute of Technology (Atlanta) have built what may be a foundation for a new generation of optoelectronic display...
Lithography milestone. (News Briefs).(Cymer)(Brief Article)
April 15, 2003... Cymer (San Diego, CA) has achieved what it terms a major milestone with the installation of its 2000th excimer light source for deep-ultraviolet lithography applications. The company's ELS-7000 248-nm krypon fluoride (KrF) system was...
LED contract. (News Briefs).(Sumitomo Corp. buys LEDs from Cree)
April 15, 2003... As part of a three-year distributor agreement, Sumitomo Corporation (Tokyo, Japan) reportedly will purchase $100 million of LED products from Cree (Durham, NC) during Cree's fiscal year ending June 30, 2004. Sumitomo sells Cree's LED chips to...
Slow OFC reveals changing industry.(Optical Fiber Communications tradeshow)
April 1, 2003... ATLANTA, GA--The cavernous halls of the Georgia World Congress Center made attendance at Optical Fiber Communications (OFC) 2003 seem even lighter than it actually was, but there was no escaping the absence of significant traffic on the show...
DuPont launches new photonics business.(DuPont Photonics Technologies, LLC)(Brief Article)
April 1, 2003... WILMINGTON, DE and WILMINGTON, MA-DuPont today announced the formation of DuPont Photonics Technologies, LLC, a wholly owned subsidiary located in Wilmington, MA. The new business is part of DuPont Ventures, a capital venture group focused on...
New subsidiary. (News Briefs).(Elliot Scientific acquires Martock Design)(Brief Article)
April 1, 2003... Elliot Scientific (Harpenden, England) has acquired all issued share capital of Martock Design (Martock, Somerset, England), making Martock a wholly owned subsidiary. Elliot Scientific distributes laser, fiberoptic, mechanical components,...
China operation. (News Briefs).(Tektronix to build Chinese manufacturing facility)(Brief Article)
April 1, 2003... Tektronix (Beaverton, OR) is continuing its long-term investment in China with a new manufacturing facility in Shanghai. The facility will be used to support further expansion in China, as the country becomes a large segment of the test and...
Florida commits $10 million to photonics.(Florida Photonics Center of Excellence at the University of Central Florida planned)
April 1, 2003... ORLANDO, FL -- The Florida State Board of Education will spend $10 million to establish the Florida Photonics Center of Excellence at the University of Central Florida (UCF). UCF already is home to the Center for Research and Education in...
Homeland security presents opportunities, challenges.
April 1, 2003... WASHINGTON, D.C. -- Optical technologies are likely to play an essential role in establishing a homeland security infrastructure, but the price tag will not be cheap and the actual threat to the public from sophisticated weapons of mass...
More cutbacks. (News Briefs).(Infineon Technologies announces layoffs in Germany)(Brief Article)
April 1, 2003... Infineon Technologies (Munich, Germany) will cut 80 jobs in its Berlin fiberoptics business as the telecommunications infrastructure market continues to slump. The company has a total of 320 employees in Berlin, out of more than 30,000...
Still struggling. (News Briefs).(Marconi still in reorganization)(Brief Article)
April 1, 2003... Troubled telecom equipment maker Marconi (London, England) has refused to rule out further job cuts as it put back the target completion date for a [pounds]4 billion (US$6.3 billion) financial restructuring. The group is filing a scheme of...
VOA MSA group. (News Briefs).(companies enter multisource agreement for variable optical attenuators)(Brief Article)
April 1, 2003... Alcatel Optronics (Paris, France), Hitachi Cables (Tokyo, Japan), and NEL (Tokyo), three leading companies in the planar passive domain, have signed a multisource agreement for AWGVOA modules with remote control. They will provide...
Nano pact. (News Briefs).(NanoOpto, Integrated Photonics signs product development agreement)(Brief Article)
April 1, 2003... NanoOpto (Somerset, NJ), which is applying proprietary nano-optics and nano-manufacturing technologies to the design and manufacture of optical components for systems and networks, has entered into a joint product development agreement with...
Report takes hard look at transceiver market.(Brief Article)
April 1, 2003... MOUNTAIN VIEW, CA--According to a new market study released by Strategies Unlimited, suppliers in the otherwise mature 1310-nm transceiver market are threatened by excess competition and continuing developments such as competitively priced...
Seminar to focus on post-telecom O/E strategies.(non-telecom photonics manufacturing)(Brief Article)
April 1, 2003... SAN MATEO, CA--In the current post-telecom, pre-war, "what do we do with all this new technology now" era, the second annual Strategies in Optoelectronics Manufacturing seminar (April 15-16) will focus on emerging opportunities in non-telecom...
Scotland to build new O/E packaging facility.(optoelectronics packaging facility)(Brief Article)
April 1, 2003... LIVINGSTON, SCOTLAND--Scotland's growing role in the global optoelectronics industry has been given a massive boost with the announcement today of a new [pounds]4.2 million (US$6.75 million) facility devoted to R&D for packaging complex...
Mitsubishi expands U.S. O/E operations.(Mitsubishi Electric & Electronic USA creates semiconductor division)(Brief Article)
April 1, 2003... SUNNYVALE, CA--Mitsubishi Electric & Electronic USA has established a new Semiconductor Division to provide compound semiconductors in discrete and module form for optoelectronic and microwave/radio frequency (RE) customers based in North...
U.S. presence. (News Briefs).(Denselight Semiconductors opens office in California)(Brief Article)
April 1, 2003... DenseLight Semiconductors (Singapore), a provider of Indium-Phosphide (lnP) based photonics products, has opened a new office in Campbell, CA. Bill Diamond, DenseLight CEO, will direct U.S. operations out of this new location. According to...
Fiberoptics forum. (News Briefs).(industry conference, Japan)(Brief Article)
April 1, 2003... Nikkei Electronics magazine and WOM Solutions magazine will co-sponsor the Second Annual Fiber Optics Forum July 10-11, 2003, at the Tokyo (Japan) Conference Center. The two-day forum will focus on optoelectronic technology and applications...
Wafer processing. (News Briefs).(OEpic launches wafer processing service)(Brief Article)
April 1, 2003... OEpic (Sunnyvale, CA) is now offering its GaAs and InP (Ill-V compound semiconductor) wafer processing services to optical and electronics companies for product development and low to medium volume production. OEpic designs, manufactures, and...
DARPA contract. (News Briefs).(Agility Communications)(Brief Article)
April 1, 2003... Agility Communications (Santa Barbara, CA), a manufacturer of widely tunable components for metro, switching, and long-haul markets, has been awarded a contract to develop widely tunable lasers with monolithically integrated modulators...
Tunable terahertz source targets molecular vibrations.(Vermont Photonics )
April 1, 2003... BRATTLEBORO, VT--Terahertz technology originally developed at Dartmouth College (Hanover, NH) nearly two decades ago may finally have found its niche: studying proteins and other large molecules with resonances in the terahertz frequency...
Optoelectronics Report 40.(stock market report)(Illustration)
April 1, 2003...
Optoelectronics Report 40
52-week
Company Ticker Mar. 11 Mar. 30 Low High
ADC Telecom ADCT 2.13 2.06 1.02 4.27
Agere...
Manufacturing partners. (News Briefs).(Picolight, PEMSTAR)(Brief Article)
April 1, 2003... Picolight (Boulder, CO) has entered into a manufacturing partnership with PEMSTAR, a provider of global engineering, manufacturing, and fulfillment services to original equipment manufacturers (OEMs). The partnership enables Picolight to...
Strategic alliance. (News Briefs).(CRL Opto forms alliance with MOXTEK)(Brief Article)
April 1, 2003... CRL Opto (Middlesex, England), a supplier of high-resolution microdisplays, and MOXTEK (United States), a leading supplier of optical components are pleased to announce that they have formed a new customer focused strategic alliance. A...
Military contract. (News Briefs).(Indigo Systems wins Northrop Grumman Corp. contract)(Brief Article)
April 1, 2003... Indigo Systems (Goleta, CA) was awarded a major contract by Northrop Grumman Corporation Electronic Systems to deliver infrared (IR) integrated detective assemblies (IDAs) for the F-35 Joint Strike Fighter program. The F-35 is a supersonic...
Manufacturing contract. (News Briefs).(kSaria wins contract from Lockheed Martin)(Brief Article)
April 1, 2003... As part of a major increase in capabilities of U.S. Navy systems, kSaria (Wilmington, MA) has been awarded the first phase of a multiyear, multimillion dollar contract by Lockheed Martin to develop state-of-the-art automation equipment for...