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(38,299 articles)
Popular News
Light Management Group Inc. Secures Line of Credit with Citizens Bank
Jul 10, 2001 — NORCROSS, Ga., July 10 -- Light Management Group Inc., a developer of new applications in optical and light technologies, announced that it has secured a line of credit for an undisclosed amount with Michigan financial institution Citizens Banking Corp. The line of credit will be used for underwriting Light Management Group's operational expenses in LMG's Research & Development branch, US Operations branch, marketing endeavors and obtainment of additional personnel. Citizens Bank ranks as...
Haleos and Newport Announce Strategic Alliance
Jul 10, 2001 — BLACKBURG, Va., July 10 -- Haleos Inc. and Newport Corp. announced that they have formed a strategic alliance for the joint development of next-generation fiber optics and photonics manufacturing automation equipment. "Today we joined forces...
EXFO to Showcase Test System at NFOEC
Jul 9, 2001 — QUEBEC CITY, CANADA, July 9 —- EXFO Electro-Optical Engineering Inc. will showcase the IQ-12001-04 Multifiber Test System (MFTS) at NFOEC booth #6225 July 9 to 11, in Baltimore, Maryland. The MFTS, a major upgrade over the previous single fiber...
Corning Claims Patent Infringement by Highwave
Jul 9, 2001 — CORNING, NY, July 9 -- Corning Incorporated has initiated an action in Federal District Court against Highwave Optical Technologies of Lannion, France, for patent infringement. The complaint identifies Highwave as infringing a Corning patent...
Metromedia Fiber Gets Time to Line up More Lenders
Jul 9, 2001 — NEW YORK, July 9 -- Metromedia Fiber Network Inc. said Citigroup Inc. had granted it a conditional one-month extension of a commitment letter for a $350 million credit facility. The letter of extension to July 31 from June 30 gives Metromedia...
Zia Laser Garners $6 Million in Seed Funding
Jul 6, 2001 — ALBUQUERQUE, N.M., July 6 -- Zia Laser Inc., developer of quantum dot (QD) semiconductor lasers for the data and telecommunications markets, has received $6 million in seed round funding from Prism Venture Partners and RWI Group. The company will...
Akara Gets $30 Million from VC, Corning
Jul 6, 2001 — OTTAWA, July 6 -- Akara, a provider of optical service management solutions, has secured $30 million in second round funding led by VenGrowth, a Canadaian venture capital firm. Also participating was Corning Innovation Ventures, a division of...
Fujitsu, Centennial de Puerto Rico Expand Contract
Jul 6, 2001 — RICHARDSON, Texas, July 6 -- Fujitsu Network Communications Inc. said that Centennial de Puerto Rico is expanding its agreement to incorporate two of Fujitsu's Flash high-capacity metro SONET transport systems into their network. The agreement...
3D Systems, DTM Extend Tender Offer Negotiations
Jul 6, 2001 — VALENCIA, Calif., July 6 -- 3D Systems Corp. and DTM Corp. have extended the tender offer for all the outstanding shares of common stock of DTM until midnight Eastern Daylight Time on Tuesday, July 24, in order to continue negotiations for purposes...
Trimedyne Commences Sales in China
Jul 5, 2001 — IRVINE, Calif., July 5 -- Trimedyne Inc. has received clearance from the People's Republic of China to begin selling its holmium laser systems in mainland China. According to the company, two laser systems have already been sold and will be...
Hitachi Maxell, M'bishi Chem tie on optical media
Jul 5, 2001 — TOKYO, July 5 -- Hitachi Maxell Ltd , a maker of magnetic tape, Mitsubishi Chemical Corp. and Mitsubishi Chemical Media Co Ltd. have launched a joint effort to develope next-generation optical recording media. High-capacity memory media will replace...
Deutsche Telekom Expands Stake
Jul 5, 2001 — ZAGREB, Croatia, July 5 -- Deutsche Telekom gained a controlling 51 percent stake in Croatia's telecommunications monopoly after it agreed to purchase an additional 16 percent of Hrvatske Telekomunikacije in a deal worth $425 million. "This...
TeraBurst Partners With Syntelco to Extend Market Reach for Optical Switches
Jul 4, 2001 — SUNNYVALE, Calif., July 4 -- TeraBurst Networks Inc., a developer of carrier-grade optical core switching and transmission systems, has signed an agreement with Synergy Telecommunications Corp. (Syntelco), a Virginia-based value-added reseller of...
Fujifilm Wins Walter Kosonocky Award for Work in Solid-State Image Sensors
Jul 3, 2001 — June, 3 -- Fujifilm, a company known for its imaging and information innovations, was recently presented with the 2001 Walter Kosonocky Award for outstanding achievement in image sensor technology at the IEEE Workshop on CCDs and advanced image...
Aegis Electronic Group Forms Alliance with Foresight Imaging
Jul 3, 2001 — CARLSBAD, Calif., July 3 -- Aegis Electronic Group, distributor of imaging products for machine vision, industrial and medical applications, announced a new distributor partnership with Foresight Imaging. Foresight Imaging designs and markets...
Virginia Tech Signs Contract and Research Cooperation Agreement for an Aixtron 200/4 RF-S GAN System
Jul 3, 2001 — AACHEN, Germany, July 3 -- Virginia Tech and Aixtron announced that Virginia Tech purchased a new Aixtron gallium nitride MOCVD system. Virginia Tech had decided to purchase the Aixtron 200/4 RF-S reactor due to the quality and versatility of the...
New High Temperature Resistant Epoxy Adhesive, Sealant & Encapsulant Available From Master Bond Inc.
Jul 3, 2001 — A new high temperature resistant, room temperature curing epoxy adhesive, sealant and encapsulant is now available from Master Bond Inc. This two-component system called EP21HT has a noncritical one to one mix ratio, weight or volume. It has a...
New Fast Curing Epoxy Adhesive Features High Toughness
Jul 3, 2001 — Master Bond Inc. has introduced a new tough, fast curing structural adhesive for demanding industrial applications. Called Supreme 11F this two component system has a one to one non critical mix ratio by weight or volume. Solidification occurs in as...
Melles Griot Releases Fiber Alignment Station
Jul 3, 2001 — ELY, Cambridgeshire, UK, July 3 -- Melles Griot announced a new range of fiber-alignment workstations. The 17 AWG 001, first in a series of automated waveguide alignment systems, is designed specifically for fiber-to-arrayed waveguide-to-ribbon...
Picolight Ships First in Family of Parallel Optical Modules With Snap-on Connector
Jul 3, 2001 — BOULDER, Colo., July 3 -- Picolight announced that it has entered volume production for a 32 Gb/s parallel optical interconnect module that features the first snap-on connector for easy integration on backplane circuit cards of large switches....
Williams to Cut 500 Jobs
Jul 2, 2001 — TULSA, Okla., July 2 -- Williams Communications Group will cut its 4500-member workforce by as much as 10 percent. Howard Janzen, the company's CEO, said the exact number of layoffs would be determined after completion of a department-by-department...
Korea Telecom Raises $2.24 Billion in ADRs
Jul 2, 2001 — SEOUL, July 2 -- Korea Telecom has sold a 17.8 percent government stake to overseas investors via $2.24 billion in American Depositary Receipts (ADRs). The issue, the biggest Asian ADR this year, will add to Korea Telecom's ADRs and is part of...
Daily News Briefs
Jul 2, 2001 — Semiconductor Equipment and Materials International (SEMI), a global industry association, announced the appointment of Arthur Robert Greenberg to the newly created position of president of SEMI North America. In his new role, Greenberg reports to...
Polatis opens Hi-tech Manufacturing Center for Development of All-Optical Switching Technology
Jul 2, 2001 — CAMBRIDGE, England, July 2 -- Polatis, the Cambridge-based company developing all-optical switching products for telecommunications equipment manufacturers, announced the acquisition of its manufacturing center on the Cambridge Science Park. The new...
Lucent Scientists See Limits of Fiber Communications
Jul 2, 2001 — MURRAY HILL, N.J., July 2 -- Scientists from Lucent Technologies' Bell Labs have calculated the maximum amount of information that can be transmitted over optical fiber. The team, whose results appear in the British journal Nature, determined that...
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