nLight acquires majority interest in Optotools

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nLight has acquired a majority interest in semiconductor laser supplier Optotools. 

Optotools, established in 2001 and located in Heilbronn, Germany is a supplier of high-power semiconductor lasers for industrial customers. The established Optotools product line will remain and new, integrated products will be introduced in the next 12 months.

Zukunftsfonds Heilbronn & Co. (ZFHN) will remain as investor and business partner, and Frank Pfeffer will continue as managing director of Optotools.