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Excelitas PCO GmbH - PCO.Edge 11-24 BIO LB

Coherent Acquires TuiLaser AG

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Coherent Inc. has purchased the privately held TuiLaser AG for approximately $27.2 million, net of cash acquired. Based in Munich, Germany, TuiLaser designs and manufactures excimer and advanced solid-state lasers for scientific, OEM, medical and industrial applications. Its infrared and green solid-state lasers, which complement Coherent's solid-state devices, have applications in the growing market of identity card marking. The acquisition will strengthen the Santa Clara, Calif, company's excimer laser offerings, which range from low to high power, for a variety of markets. Diode laser...Read full article

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    Published: August 2005
    Glossary
    excimer
    A contraction of "excited dimer." The term refers to an excited species made by combination of two identical atoms or molecules, one of which is excited and one of which is at a ground state.
    BusinessCoherent Inc.excimerindustriallight speedOEMsolid-state lasers

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