Optoelectronics Report articles from November 2002

Optoelectronics Report archives from November 2002

Industry consolidation continues.(photonics industry )
November 15, 2002... NASHUA, NH -- The photonics industry continues its diet and exercise regime, with a number of new mergers and restructuring efforts announced in recent weeks (see related stories, p. 3 and p. 4). Optical-components manufacturer Axsys...

Lumileds and Nichia cross-license LED technology.
November 15, 2002... SAN JOSE, CA AND ANAN, JAPAN -- Emerging technologies can face perils in the name of the very commerce they are meant to promote. In an effort to avoid the harmful effects of a potential patent war in the nascent field of light-emittingdiode...

Cutting back. (News Briefs).(Brief Article)
November 15, 2002... Furukawa Electric (Tokyo) plans to reduce its Optical Fiber Solution workforce from 3000 to 1020 by year end and cut its optical fiber output capacity in half by March 2003. As part of this decision, Furukawa will consolidate three OFS...

DoD funding. (News Briefs).(Department of Defense )(Brief Article)
November 15, 2002... A $5 million appropriation by the Department of Defense has been secured by the University of North Carolina (Charlotte) to support research and instrumentation at the Center for Optoelectronics and Optical Communications, one of three areas...

Avanex streamlines as part of restructuring effort.
November 15, 2002... FREMONT, CA -- A lot has happened at Avanex since the company opted not to merge with Oplink earlier this year (see related story, below). The provider of photonic processors for next-generation optical networks has been busy implementing a...

Oplink cuts workforce, shifts operations to China.(Brief Article)
November 15, 2002... SAN JOSE, CA -- Oplink Communications, a designer and manufacturer of optical components and modules, has cut 50% of its workforce as part of a major restructuring effort that also includes shifting its engineering, R&D, and manufacturing to...

Hanging in. (News Briefs).(Newport to cut more jobs)(Brief Article)
November 15, 2002... Following a tough third quarter, Newport (Irvine, CA) said it plans to cut more jobs than previously anticipated. Newport posted a net loss of $68.6 million, or $1.79/share, on sales of $45.5 million for the third quarter, compared to a loss...

Optical test deal. (News Briefs).(Brief Article)
November 15, 2002... Tektronix (Beaverton, OR) has sold a family of optical transmission test products and certain other related assets within its optical test portfolio to Digital Lightwave (Clearwater, FL) for $10 million in cash and a transfer of the lease on...

CDT acquires Opsys OLED technology.(Cambridge Display Technology )(Brief Article)
November 15, 2002... CAMBRIDGE, UK -- Cambridge Display Technology (CDT) has acquired the OLED business of Opsys (Oxford, UK). The acquisition includes the intellectual property (IP), commercialization, and technology development of the company's organic...

UC Davis wins $40 million grant for biophotonics.(Brief Article)
November 15, 2002... DAVIS, CA -- Using lasers, light, and radiant energy in biology and medicine is the aim of a new collaborative center established at the University of California, Davis. Funded with $52 million over the next 10 years, including a $40 million...

Marketing/sales. (News Briefs).(Brief Article)
November 15, 2002... Lumera Laser (Kaiserslautern, Germany) has appointed Bernhard Klimt director of marketing and sales. Klimt has worked in the photonics industry for more then 20 years. He served as Product Manager, Marketing and Sales Director and General...

Final straw. (News Briefs).(Brief Article)
November 15, 2002... Kestrel Solutions (Mountain View, CA) filed for Chapter 11 bankruptcy protection last month. The company has gone through at least two rounds of layoffs this year, reducing its efforts in 40-Gig development to focus most of its resources on...

X-ray laser. (News Briefs).(Brief Article)
November 15, 2002... The German Electron Synchrotron (DESY; Hamburg, Germany) and the Stanford Linear Accelerator Center (SLAC; Stanford, CA) have signed a memorandum of understanding to collaborate on X-ray laser research and to make joint efforts to promote...

Cornell study showcases NY photonics industry.(Brief Article)
November 15, 2002... ROCHESTER, NY -- The photonics industry is beginning to emerge as the successor to the imaging and optical products industries that supported the economy in Rochester, NY, well into the 1980s. What's more, the emerging industry has the...

Seminar keynote to discuss security technologies.(Brief Article)
November 15, 2002... NASHUA, NH -- Dennis Killinger of the University of South Florida will be the keynote speaker at the 2003 Laser Focus World Marketplace Seminar, to be held Jan. 27 at the Fairmont Hotel in San Jose, CA. Killinger will provide an overview of...

Second round. (News Briefs).(Opto Speed raises funds)(Brief Article)
November 15, 2002... Opto Speed (Ruschlikon, Switzerland), a developer and manufacturer of optoelectronic modules for the communications, test & measurement, medical, and defense markets, raised an additional [euro]10 million (US$10.1 million) in its second round...

Patent lawsuit. (News Briefs).(Biolase Technology lawsuit against American Medical Technologies )(Brief Article)
November 15, 2002... Biolase Technology (San Clemente, CA) has filed a lawsuit against American Medical Technologies (Corpus Christi, TX), claiming infringement of several Biolase patents related to the use of laser radiation in combination with water for...

NASA award. (News Briefs).(Ball Aerospace and Technology Corp. awarded contract)(Brief Article)
November 15, 2002... NASA has awarded a contract with a potential value of $28.4 million to Ball Aerospace and Technology Corp. (BATC; Boulder, CO) for development of the optics and detectors for a high-tech camera for the Kepler planet-finding spacecraft,...

Fiber BRAGG partners. (News Briefs).(BRAGG Photonics partners with Tuilaser)(Brief Article)
November 15, 2002... BRAGG Photonics (Montreal, Canada), which specializes in fiber grating technology, and Tuilaser (Munich, Germany), a provider of excimer lasers, are collaborating in the launch of a new product family, the Starter Kit, to extend fiber grating...

Financial scoreboard.
November 15, 2002... Earnings were negatively impacted by the continued economic weakness in several areas of the company's markets, by a low utilization of production capacities, and by write-offs on inventories. As predicted, the fiscal year was characterized...

Optoelectronics Report 40.(Illustration)
November 15, 2002... Optoelectronics Report 40 52-week Company Ticker Oct. 25 Nov. 11 Low ADC Telecom ADCT 1.43 1.83 1.02 Agere Systems ...

Photonics fab center. (News Briefs).(Brief Article)
November 15, 2002... The Canadian government has said it will contribute $30 million (US$19 million) to support the building of the Canadian Photonics Fabrication Center in Ottawa. The project is a collaboration between the federal government, the government of...

MEMS growth. (News Briefs).(micro-electromechanical systems)(Brief Article)
November 15, 2002... Growth of commercial micro-electromechanical systems (MEMS) technology is energizing the MEMS-based sensors market in North America, according to a new report from :rost & Sullivan (San Jose, CA). The research firm estimates that the North...

Excel buys Continuum pulsed-laser group.(Excel Technology buys scientific division of Continuum from Hoya Photonics)
November 1, 2002... EAST SETAUKET, NY--Excel Technology has acquired the scientific division of Continuum (Santa Clara, CA) from Hoya Photonics (Santa Clara, CA, and Tokyo, Japan) in a cash deal that adds pulsed-laser technology to Excel's established industrial...

Agere gets $40 million for bulk of O/E business.(Agere Systems sells portion of optoelectronics business to TriQuint Semiconductor)(Brief Article)
November 1, 2002... ALLENTOWN, PA--Agere Systems has sold "a substantial portion" of its optoelectronics business to TriQuint Semiconductor (Hillsboro, OR) for $40 million in cash. The transaction includes the products, technology, and some facilities related to...

Shut down. (News Briefs).(Amherst FiberOptics ceases operations)(Brief Article)
November 1, 2002... Amherst FiberOptics (Nashville, TN) has ceased operations. According to the company's website (www.amherstfo.com), the reasons for the closure are "due in part to the dramatic downturn in the fiber optics market." The parent company, TVC...

FSO patent. (News Briefs).(LightPointe Communications get patent for free-space optics technology)(Brief Article)
November 1, 2002... LightPointe (San Diego, CA), a manufacturer and designer of carrier-class transmission equipment using free-space optics (FSO) technology, has been granted a new U.S. patent related to its 2001 patent on all-optical FSO networking and...

CDT responds to Luxell licensing lawsuit.(Light-emitting polymer firm Cambridge Display Technology will dispute complaint brought against it by Luxell Technologies )
November 1, 2002... CAMBRIDGE, UK--UK light-emitting polymer (LEP) pioneer Cambridge Display Technology (CDT) has announced that it will vigorously dispute any complaint brought against it by Luxell Technologies (Mississauga, ON) regarding its black-layer...

IntelliSense wins ATP grant for MEMS.(Gets grant from Department of Commerce's Advanced Technology Program to develop digital interface and control circuits for MEMS)
November 1, 2002... WILMINGTON, MA--MEMS developer Corning IntelliSense continues to find new opportunities in a market many have pronounced not long for this world. In the company's latest coup, IntelliSense snagged a $2 million grant from the U.S. Department...

Moving into China. (News Briefs).(Two firms, Lynx Photonic Networks and Agility Communications, enter China)(Brief Article)
November 1, 2002... Lynx Photonic Networks (Calabasas Hills, CA and Rash Ha'ayin, Israel), a provider of planar lightwave circuit subsystems, has entered the China market and recently participated at the Asia Pacific Optical Conference with its new distributor,...

Laser contract. (News Brief).(StockerYale will provide lasers to BAE Systems)(Brief Article)
November 1, 2002... StockerYale (Salem, NH) has been awarded a contract from BAE Systems to supply custom-designed thermoelectrically cooled lasers for their Advanced Threat Infrared Countermeasures (ATIRCM) system. StockerYale will initially supply several...

Acquisition. (News Briefs).(Micron Optics buys Chameleon Optics )(Brief Article)
November 1, 2002... Micron Optics (Atlanta, GA), a provider of tunable technologies based on fiber Fabry-Perot tunable filters, has acquired Chameleon Optics (Philadelphia, PA), a provider of tunable thin-film filters and reconfigurable add/drop modules....

Distribution pact. (News Briefs).(Opto Speed products will be distributed by EL-GEV Electronics)(Brief Article)
November 1, 2002... Opto Speed (Ruschlikon, Switzerland), a developer and manufacturer of optoelectronic modules for communications, test & measurement, medical, and defense markets, has signed a distribution agreement with EL-GEV Electronics, an Israeli...

Adding IP. (News Briefs).(ITF Optical Technologies is acquiring certain business assets of Resonance Photonics )(Brief Article)
November 1, 2002... ITF Optical Technologies (Montreal, Canada), a manufacturer and designer of advanced photonic processing solutions, is acquiring certain business assets of Resonance Photonics (Markham, Ontario), including equipment and access to intellectual...

Near-field pioneers launch nanotech startup.(Inventor of photon tunneling microscopy founds Nanoptek)(Brief Article)
November 1, 2002... CONCORD, MA -- John Guerra, the inventor of photon tunneling microscopy (PTM) and other near-field technology, has founded Nanoptek to develop and commercialize nano- and near-field optical technology and instrumentation. Guerra, who is...

Marketplace Seminar set for January.(2003 Laser Focus World Marketplace Seminar)(Brief Article)
November 1, 2002... NASHUA, NH -- Opportunities for optoelectronic products in security, materials processing, medicine, lighting, and even telecom will be the focus of the 2003 Laser Focus World Marketplace Seminar, scheduled to be held January 27 at the...

Spinouts bloom where opto giants fall.(Center for Optical Technologies in Central Pennsylvania's Lehigh Valley is collaborative enterprise)
November 1, 2002... BETHLEHEM, PA -- The Center for Optical Technologies in Central Pennsylvania's Lehigh Valley, a collaborative economic development enterprise among educational institutions and optoelectronics companies in the region, began almost two years...

Marketing plans. (News Briefs).(Fiberoptics Technology sets up internal marketing department and names Marketing Manager)(Brief Article)
November 1, 2002... Fiberoptics Technology (Pomfret, CT) has established an internal marketing department as part of a long-term strategic plan to introduce the company to new markets. Steven Giamundo, previously vice president of sales and marketing for...

T&M market. (New Briefs).(Fiberoptic test and measurement equipment market had revenues of $1.09 bil in 2001)(Brief Article)
November 1, 2002... The fiberoptic test and measurement (T&M) equipment market saw revenues of $1.09 billion in 2001, according to a new report from Frost & Sullivan (San Jose, CA). The report "World Fiber Optic Test Equipment Market" says that the market is...

Symposium. (News Briefs).(Center for Optoelectronics and Optical Communications at University of North Carolina (Charlotte, NC) will host symposium )(Brief Article)
November 1, 2002... The Center for Optoelectronics and Optical Communications at the University of North Carolina (Charlotte, NC) will host its first symposium on November 7. Since 1995, optoelectronics researchers at UNC Charlotte have disclosed 18 inventions,...

Venture funding. (News Briefs).(Fiberoptics firm Sagitta raises $3.5 mil)(Brief Article)
November 1, 2002... Sagitta (Hauppauge, NY), a provider of process equipment for the fiberoptic and semiconductor industries, has raised $3.5 million from Alice Ventures in a follow-on investment to its January round of $15.3 million led by Pitango Venture...

Optomec wins $2 million ATP award.(Will further develop laser-engineered net-shaping (LENS) system for manufacture of medical implants and other titanium components)
November 1, 2002... ALBUQUERQUE, NM -- Optomec has received an Advanced Technology Program (ATP) award from the National Institute of Standards and Technology (NIST) to fund further development of the company's laser-engineered net-shaping (LENS) system for the...

PennWell sponsors Young Investigator Award.(Brief Article)
November 1, 2002... NASHUA, NH -- The Young Investigator Award, given in memory of Heather Williamson Messenger, former executive editor of Laser Focus World, will be given annually for the best paper presented by a young researcher who has graduated within five...

Optoelectronics Report 40.(Stock trade data for various companies for Oct 10 and Oct 25)(Illustration)
November 1, 2002... Optoelectronics Report 40 52-week Company Ticker Oct. 10 Oct. 25 Low ADO Telecom ADCT 1.27 1.43 1.02 Agere Systems ...

Advisory board. (News Briefs).(Coherent has formed Technical Advisory Board)
November 1, 2002... Coherent (Santa Clara, CA) has formed a Technical Advisory Board to facilitate the company's assessment of new an emerging technologies across a range of disciplines affecting the field of photonics. The inaugural membership of Coherent's...

Court ruling. (News Briefs).(Court rules in favor of LightPath Technologies and former director)(Brief Article)
November 1, 2002... LightPath Technologies (Orlando, FL), manufacturer and integrator of precision-molded aspheric optics, fiberoptic collimators, isolators, and manufacturing technologies, announced that the 113th District Court of Harris County, Texas granted...

Optical amplifiers. (News Briefs).(Strategies Unlimited will sponsor its second annual business conference on optical amplifiers)(Brief Article)
November 1, 2002... Market research firm Strategies Unlimited (Mountain View, CA) will sponsor its second annual business conference on optical amplifiers November 14-15 in San Mateo, CA. "Strategies in Optical Amplifiers 2002" will focus on the issues created...