Business

US optoelectronic component manufacturer II-VI has announced that it will acquire optical communications firm Finisar for $3.2 billion

MKS Instruments, a provider of process control solutions, is set to acquire laser micro-machining firm Electro Scientific Industries (ESI) for approximately $1 billion in cash

Chinese automotive lidar provider RoboSense has received a combined investment of over $45 million – the largest-ever single round of financing for a Chinese lidar company

Belgian research institute Imec and lithographic system manufacturer ASML have announced the joint establishment of a research lab to advance EUV lithography technology and advance semiconductor scaling towards the post-3nm logic node

IPG Photonics has said it doesn’t expect to reach the 2018 third quarter revenue guidance range it set itself at the end of July 2018

Novanta has acquired the remaining shares of Laser Quantum for $45.7 million in cash and restricted stock

Ghent University and Imec have spun out a silicon photonics-based fibre optic sensing company, called Sentea

Gooch & Housego has acquired US fibre optic components and sub systems specialist Gould Fiber Optics

Scientists at MIT and Harvard University have studied the theoretical Maxwell’s fish-eye lens from quantum mechanical perspective, to see how individual atoms and photons may behave within the lens.

With MicroLED technologies seeing rapid improvement, technology solutions should start converging by the end of 2019. This is according to the latest report from Yole Développement, which also highlights the next challenge of cost reduction.