NEWS
Photonics firms report growth
26 February 2018
A quarterly update on the most recent photonics firm financial postings
IPG Photonics
NEWS
Industrial lasers, microelectronics, optical systems drive record finances
8 December 2017
Records in both annual sales and orders received have been broken by laser manufacturers throughout 2017, with global politics having little effect on business so far
NEWS
IPG Photonics Q3 revenue up 48 per cent year-on-year
31 October 2017
Fibre laser manufacturer IPG Photonics has generated revenue of $392.6 million and a net income of $115.6 million in the third quarter of 2017 ending 30 September
NEWS
IPG grows 46 per cent thanks to demand in China; Coherent sales also up
3 August 2017
Fibre laser manufacturer IPG Photonics has generated revenue of $369.4 million in the second quarter of 2017, a significant 46 per cent increase year-over-year. Coherent posted Q3 sales of £464.1 million
NEWS
IPG strengthens medical device production with $40m ILT acquisition
19 June 2017
Fibre laser expert IPG Photonics has signed an agreement to acquire laser system manufacturer Innovative Laser Technologies for $40 million
NEWS
IPG Photonics acquires OptiGrate
23 May 2017
IPG Photonics has acquired OptiGrate, a manufacturer of chirped volume Bragg grating (VBG) technologies and thermos-refractive glass, for an undisclosed sum
NEWS
IPG exceeds $1 billion in annual sales
16 February 2017
IPG Photonics has reported annual sales exceeding $1 billion in 2016, an increase of 12 per cent year-over-year
IPG Photonics
IPG Photonics manufactures active fibre lasers, direct diodes and amplifiers operating at 0.5-2 microns for applications in materials processing, telecommunications, and scientific research. Industrial lasers operating at 1 micron are available from 10W to greater than 50kW. These devices feature low divergence, air cooling, high electrical efficiency and unparallelled diode life. IPG's newly developed mid-IR lasers, operating at 2-5 microns, offer cost-effective solutions for sensing, spectroscopy, material processing and medical applications.
PRESS RELEASE
IPG Photonics Welcomes John Beaupré as Industrial Laser Systems Sales Manager, North America
31 October 2016
IPG Photonics has appointed Mr John Beaupré to IPG's Systems Sales Team. Beaupré comes to IPG with over 30 years in the laser industry
NEWS
IPG to acquire Menara Networks to expand telecom offerings
10 May 2016
IPG Photonics has entered into an agreement to acquire Menara Networks, a provider of optical transmission modules and systems, which will allow IPG to expand its current telecom product offerings