Optoelectronics Report articles from June 2001

Optoelectronics Report archives from June 2001

New forecasts from RHK predict declines.(Brief Article)
June 15, 2001... SOUTH SAN FRANCISCO, CA--New forecast data released by telecom-market-research firm RHK Inc. show the worldwide market for optical components used in terrestrial dense wavelength-division multiplexing (DWDM) and optical networking...

DuPont Displays shifts into high gear.(organic-light-emitting-diode (OLED) technology)(Brief Article)
June 15, 2001... WILMINGTON, DE--Recent activity by DuPont Displays shows that the company is continuing to exploit organic-light-emitting-diode (OLED) technology in a big way. The technology was originally developed at Eastman Kodak Co. (Rochester, NY) and...

Optium scores funding.(Brief Article)
June 15, 2001... Start-up company Optium Inc. (Orlando, FL), which has developed a proprietary optical-device and packaging technology, has garnered $35.5 million equity in its second round of financing. The lead investors in the most-recent round of...

Nortel layoff.(Brief Article)
June 15, 2001... Telecommunications giant Nortel Networks Corp. (Ottawa, Canada) recently reported a deep first-quarter loss due to a downturn in carrier spending, announcing plans to cut 20,000 jobs in low-growth business areas. The company is repricing...

Vitesse Semiconductor gets Versatile.(Versatile Optical Networks Inc.)(Brief Article)
June 15, 2001... CAMARILLO, CA--Vitesse Semiconductor Corp. has agreed to acquire Versatile Optical Networks Inc. (San Jose, CA), a manufacturer of optical and optoelectronic modules for integrated telecom system and subsystem networks that has developed a...

NEC, Tellium team.(Brief Article)
June 15, 2001... NEC America Public Networks (Hemdon, VA), a developer of advanced communication products for public networks, has teamed up with Tellium (Oceanport, NJ), a provider of intelligent core optical switches, to develop integrated optical systems...

Bit-error-ratio testers.(Agilent Technologies Inc.)(Brief Article)(Product Announcement)
June 15, 2001... Agilent Technologies (Atlanta, GA) has introduced what is believed to be the telecommunication industry's first family of multirate transmission test sets with all-channel testing technology. The portable 10- and 2.5-Gbit/s testers will allow...

Low voltage, high bandwidth.(Agere Systems Inc.)(Brief Article)(Product Announcement)
June 15, 2001... A low-voltage, high-bandwidth lithium niobate modulator has been developed by Agere Systems (Allentown, PA) for use in 40-Gbit/s optical networking systems. The device converts continuous-wave laser output into high-speed light pulses that...

New CEO.(Qusion Technologies ; Phillip Wallace)(Brief Article)
June 15, 2001... Qusion Technologies (North Brunswick. NJ), a telecom-components manufacturer, named former Anadigics' vice president of fiber communication products, Phillip Wallace, chief executive officer. Wallace will be responsible for the overall...

Name change!(TOPTICA Photonics AG)(Brief Article)
June 15, 2001... TuiOptics GmbH (Munich, Germany), a supplier of customized laser-diode solutions, has changed its name to TOPTICA Photonics AG. The company plans to kick off the new name with a celebration at LASER 2001 later this month in Munich. TOPTICA...

Redfern grows.(Redfern Photonics)(Brief Article)
June 15, 2001... Redfern Photonics (Sydney, Australia) has received more than $54 million Australian (US$28 million) from a syndicate led by Deutsche Bank's private equity-investment group DM Capital Partners, in its second major external investment funding....

Laser-based imaging pinpoints proteins in cancer.(Vanderbilt University)(Brief Article)
June 15, 2001... NASHVILLE, TN--Researchers at Vanderbilt University have combined molecular imaging with mass spectrometry to improve their ability to identify and quantify the production of proteins in potentially cancerous tissue. By pinpointing the...

Polatis starts second funding round.(Brief Article)
June 15, 2001... CAMBRIDGE, ENGLAND--Polatis, a supplier of photonic switches for next-generation communications networks, has announced plans to raise US$15 million in second-round funding. The money will be used to finance a major manufacturing and...

First-round funding for FBG startup.(Indigo Photonics Ltd.)(Brief Article)
June 15, 2001... BIRMINGHAM, ENGLAND--Indigo Photonics Ltd., a fiber-grating-technology startup, has secured US$6 million in first-round funding from 3i, an international venture-capital company. The new company has been formed from the Gratings Division of...

Award for European fiber pioneer.(David Payne)(Brief Article)
June 15, 2001... SOUTHAMPTON, ENGLAND--David Payne, professor at Southampton University's Optical Research Centre and cofounder and chairman of Southampton Photonics, will receive the Eduard Rhein award in recognition of his groundbreaking work on the...

New board member.(Brief Article)
June 15, 2001... SpectraPhysics (Mountain View, CA) has elected Thomas F. Ryan Jr. to a seat on its board of directors. From 1995 to 1999, Ryan was president and chief operating officer and a director of the American Stock Exchange. Ryan is currently also...

Rakin' in the dough.(Brief Article)
June 15, 2001... Solinet Systems (Ottawa, Canada), a developer of solutions for next-generation optical networks, has completed a US$93 million round of venture financing targeted at expanding its operations. US Venture Partners led the round, which ranks as...

Laser training facility.(Brief Article)
June 15, 2001... Lambda Physik (Goettingen, Germany) recently opened a lithography laser training center in Fort Lauderdale, FL The center will allow OEM, end-customer engineers, and Lambda Physik service personnel to experience classroom and hands-on...

Cisco sells.(dense wavelengh-division multiplex system manufacturing)(Brief Article)
June 15, 2001... Solectron (Milpitas, CA), a provider of electronics-manufacturing supply-chain management services, has acquired San Jose based Cisco Systems' manufacturing capabilities for its dense wavelength-division multiplexing (DWDM) multiplex,...

Selective switch in optical network.(Brief Article)
June 15, 2001... Latus Lightworks (Dallas, TX), a long-haul optical-backbone systems developer and a part of the Iris Group of companies, will incorporate an L-band version of the Coming PurePath Wavelength Selective Switch (WSS) in its new ultrahigh-capacity...

Adept launches online support.(Brief Article)
June 15, 2001... Adept Technology Inc. (San Jose, CA), a manufacturer of flexible automation for telecom, fiber, and semicon industries, recently unveiled an online customer-support program, Knowledge Express, which offers the company's complete line of user...

Financial Scoreboard.(Brief Article)
June 15, 2001... Financial Scoreboard End Per Company Period date Revenues Income share ADC Q2 4/30/01 $652 million -$115 million -$0.15...

Optoelectronics Report 40.(Brief Article)(Statistical Data Included)
June 15, 2001... Optoelectronics Report 40 Company Location Ticker May 24 June 8 ADC Telecommunications Minnetonka, MN ADCT 10.29 8.41 Agere Systems Inc Allentown, PA AGRa 8.20 7.59...

New name.(Colorado MicroDisplay Inc. changes name)(Brief Article)
June 15, 2001... Colorado MicroDisplay Inc. (Boulder, 00), a developer of high-resolution, full-color microdisplay solutions, changed its name to Zight Corp. and named Mark Willner chairman of the board and chief strategy officer and promoted Kenney Roberts...

Fire some, hire some.(Brief Article)
June 15, 2001... Wireless broadband provider Terabeam (Kirkland, WA) announced that is has laid off 54 workers, or 10% of its work force. Chief executive Dan Hesse said that the cost-cutting move won't affect the company's expansion plans. The company still...

Alcatel cuts jobs.(Brief Article)
June 15, 2001... After giving up a bid for Lucent (Murray Hill, NJ), Alcatel (Paris, France) is consolidating some of its facilities and operations into other areas of the company, as part of its ongoing efforts to reduce costs within its North America...

Alcatel enters access agreements.(Brief Article)
June 15, 2001... PARIS, FRANCE--In moves designed to accelerate its optical-network development, Alcatel, an optical networking manufacturer, has signed cross-licensing agreements with Coming Inc. (Coming, NY), a supplier of optical fiber and photonic...

Complex issues affect optics supply.(Brief Article)(Statistical Data Included)
June 1, 2001... FREMONT, CA--Some optics companies have experienced increases in sales of nontelecom optical components, a result of customers turning to them when their former optics suppliers went totally into telecom. Debbie Hunt, vice president of sales...

CLEO reveals its tranquil side.(Conference on Lasers and Electro-Optics)
June 1, 2001... BALTIMORE, MA--This year's Conference on Lasers and Electro-Optics (CLEO), hosted by the Optical Society of America in May, was a quiet one. With the industry's growing emphasis on telecommunications, some exhibitors said the lack of a strong...

We bought hot watts.(Brief Article)
June 1, 2001... Laser-manufacturer Coherent (Santa Clara, CA) has purchased DeMaria ElectroOptics Systems (Bloomfield, CT) for $22.5 million in cash and renamed the company Coherent/DEOS. Coherent claims that the acquisition makes it the only manufacturer to...

Quick, call Guiness.(Brief Article)
June 1, 2001... Princeton Lightwave Inc. (Cranbury, NJ) claimed a new record for a highpower laser in a postdeadline paper at the Conference on Lasers and Electro-Optics (CLEO) in Baltimore, MD, in May. The company's 1550-nm distributed-feedback laser...

High-speed merger.(Roper Scientific MASD with Redlake Imaging Corp. )(Brief Article)
June 1, 2001... Roper Industries (San Diego, CA) has announced the merger of its Roper Scientific MASD with Redlake Imaging Corp. to create San Diegobased Redlake MASD. Roper Scientific MASD, formerly a division of Eastman Kodak (Rochester, NY), has been in...

Accent on the GaAs.(Accent Optical Technologies acquires measurement instrument from GaAsCode Ltd.)(Brief Article)
June 1, 2001... Accent Optical Technologies, leading supplier of optoelectronics and silicon semiconductor process-control systems, has announced the acquisition of GaAsCode Limited's Pulsed IV measurement instrument. The instrument measures large-signal I-V...

And the medal goes to.(Herwig Kogelnik)(Brief Article)
June 1, 2001... Herwig Kogelnik will receive the highest award of the Institute of Electrical and Electronics Engineers, the Medal of Honor, on June 23, 2001, at the Liberty Science Center (Jersey City, NJ). Kogelnik, currently adjunct photonics systems...

Got graphics?(Opsys Ltd.)(Brief Article)(Statistical Data Included)
June 1, 2001... Opsys, the UK-based display company, has received funding of US$11.2 million to implement a program of expansion and licensing agreements to develop its organic light-emitting diode (OLED) fiat graphic-display-screen technology. Using key...

Trimedyne to merge with banking firm.(Trimedyne Inc., Emergent Group Inc.)(Brief Article)(Statistical Data Included)
June 1, 2001... IRVINE, CA--Surgical-laser manufacturer Trimedyne has signed a letter of intent to merge with Emergent Group (New York, NY), a merchant-banking firm that is establishing a subsidiary to acquire medical technologies and distribution...

New COO for Polatis.(Elmo Perera appointed as chief operations officer)(Brief Article)
June 1, 2001... CAMBRIDGE, ENGLAND--Polatis, a specialist company developing fiberoptic switches for telecommunications-equipment manufacturers, has appointed Elmo Perera chief operations officer. He will play a key role in the development and rollout of the...

European companies join forces in "XTREME" UV.(Brief Article)
June 1, 2001... GOETTINGEN, GERMANY-Lambda Physik AG, a supplier of specialized lasers, has founded a joint venture with Jenoptik Laser Optik Systeme GmbH to develop and produce radiation sources in the extreme-ultraviolet (EUV) range. The two companies each...

Royal honors.(Brief Article)
June 1, 2001... Ahmed Zewail, professor of physics and Linus Pauling professor of chemistry at the California Institute of Technology (Pasadena, CA), has been elected a foreign member of the UK Royal Society. World-renowned pioneer of laser techniques for...

Will Alcatel buy Lucent?(Lucent Technologies Inc.)(Brief Article)(Statistical Data Included)
June 1, 2001... The Wall Street Journal reported May 18 that Alcatel (Paris, France) is in advanced talks to buy Lucent Technologies (Murray Hill, NJ) for slightly more than $40 billion, almost entirely in stock. A decision about whether to proceed with...

Go Tellium on the mountain.(Brief Article)
June 1, 2001... Tellium (Oceanport, NJ), provider of intelligent optical switches, has announced its initial public offering of 9 million newly issued shares of common stock at $15 per share. Tellium's common stock began trading May 17 on the Nasdaq National...

Cymer announces layoffs.(Brief Article)
June 1, 2001... Cymer lnc (San Diego, CA), the leading supplier of excimer light sources used in semiconductor manufacturing, has announced an approximate 9% reduction in its worldwide work force as part of its previously announced cost-reduction program. Of...

Rohm withdraws complaint against Nichia.(Rhom Company Ltd., Nichia Corp.)(Brief Article)
June 1, 2001... WASHINGTON, DO--Kyoto, Japan-based Rohm Co. Ltd. has filed a motion to withdraw its complaint against Nichia Corp. (also Japan) before the United States International Trade Commission (ITC). The motion filed will conclude the ITC...

Joining giants.(Buchmann Optical Holding, Pro-Laser , Briot International)(Brief Article)(Statistical Data Included)
June 1, 2001... Briot International's Belgian holding company, Buchmann Optical Holding, has signed a letter of intent to buy a majority stake in Israel-based Pro-Laser in exchange for 51% of the shares of Briot International and an additional investment of...

Hot pocket.(Brief Article)
June 1, 2001... Infrared Integrated Systems Ltd (IRISYS; Towcester, England), a leader in low-resolution uncooled pyroelectric systems, has partnered with Compaq Computer Limited to supply the world's first affordable handheld thermal imager with integral...

Clarification.(Brief Article)(Correction Notice)
June 1, 2001... The Michael Kidger Memorial Scholarship was established and promoted through the work of Tina Kidger, managing director, Kidger Optics Ltd., and the collaboration of the then executive director, Jim Pearson, of the International Society for...

Financial Scoreboard.(Brief Article)(Statistical Data Included)
June 1, 2001... Financial Scoreboard End Company Period date Revenues Income Ciena Q2 4/30/01 $425.4 million $65.4 million Linthicum, MD Q1 1/30/01 S352.O million $55.1 million ...

Optoelectronics Report 40.(Statistical Data Included)
June 1, 2001... Optoelectronics Report 40 Company Location Ticker May 9 May 24 ADC Telecommunications Minnetonka, MN ADCT 8.66 10.29 Agere Systems Inc Allentown, PA AGRa 7.42 8.20...

Sold! To the company in pink.(Brief Article)
June 1, 2001... Lucent Technologies (Murray Hill, NJ) has announced that Global Crossing (Hamilton, Bermuda) will be first to purchase the Lucent WaveStar LambdaRouter, reportedly the world's first high-capacity, all-optical switch for communications...

Kudos for Bell Labs.(Brief Article)
June 1, 2001... The Optical Society of America has honored Bell Labs scientists for research into laser physics and quantum optics. Vice president of physics research at Bell Labs Federico Capasso has won this years RW Wood prize for his work on the...

Equipment grant program.(Brief Article)
June 1, 2001... Shimadzu Scientific Instruments (Columbia, MD) has announced the availability of an equipment grant program for academic and nonprofit organizations to assist in the acquisition of analytical instruments for scientific research and education....

Global metro market to reach $13 billion by 2005.(Brief Article)
June 1, 2001... BOSTON, MA--As the metropolitan-area network (MAN) market continues to rapidly evolve, three major technologies are vying for market share: next-generation SONET, Gigabit Ethernet, and dense wavelength-division multiplexing (DWDM). Which...

PerkinElmer acquires Sonoran Scanners.(Brief Article)
June 1, 2001... WELLESLEY, MA--PerkinElmer Inc. has acquired Sonoran Scanners (Tucson, AZ), experts in ultraviolet laser direct imaging (LDI) and computer-to-plate technologies. This acquisition marks PerkinElmer Optoelectronics' entry into the graphic-arts...