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(38,293 articles)
Popular News
Lambda Physik Wins Ordersfrom SVG Lithography Systems
FT. LAUDERDALE, Fla., Feb. 18 — Lambda Physik, a majority owned subsidiary of Coherent Inc., has received new orders for its NovaLine A4020 and NovaLine F2020 lasers from Silicon Valley Group (SVG). According to Dirk Basting, Lambda Physik's founder and president, the sale illustrates the importance of 193-nm technology for semiconductor manufacturing and shows that both companies are committed to the evolution of this technology. The NovaLine A4020 is an argon-fluoride 193-nm laser that operates at a 4-kHz repetition rate...
Metromedia Fiber AwardsOptical Backbone Contract to Nortel
Feb 18, 2000 — NEW YORK, Feb. 18 -- Metromedia Fiber Network has awarded Nortel Networks a contract with an estimated value of $250 million over three years to build its optical network backbone. Metromedia Fiber already uses Nortel's OPTera Metro technology...
SurgiLight Acquiring IRVision,Seeking Joint Venture in Japan
Feb 17, 2000 — ORLANDO, Fla., Feb. 17 -- SurgiLight Inc. has arranged to purchase San Jose, Calif.-based IRVision Inc. for approximately $3.2 million in SurgiLight common stock. The company indicated that the acquisition might speed clinical trial approvals of...
Stanford to Test PDT for Breathing Relieffor Cancer Patients
Feb 17, 2000 — STANFORD, Calif., Feb. 17 -- Researchers at Stanford University Medical Center announced plans to test laser-based photodynamic therapy (PDT) as a new way to help cancer patients to breath. According to Richard I. Whyte, chief of Stanford...
LaserComm Names New President and COO
Feb 17, 2000 — PLANO, Texas, Feb. 17 -- LaserComm Inc., a developer of photonic components for fiber optic networks, has named Daniel A. Acton president and COO. Acton most recently served as president and CEO of Corning Optical Corp. of America, a wholly owned...
Coherent Gets FDA Approvable Letterfor Laser AMD Treatment
Feb 16, 2000 — SANTA CLARA, Calif., Feb. 16 -- Coherent Inc. has received an approvable letter from the US Food and Drug Administration (FDA) for the Opal Photoactivator and Visudyne (Verteporfin for injection) therapy to treat the wet form of age-related macular...
Kollmorgen to Deliver Photonic Systems to Egypt's Navy
Feb 16, 2000 — WALTHAM, Mass., Feb. 16 -- Kollmorgen Corp. has signed a $15-million contract to provide the Egyptian Navy with submarine photonic systems, which will be retrofitted into four existing Egyptian submarines. Production of the new systems will take...
APA Optics Links Quarterly Lossto Manufacturing Buildup
Feb 16, 2000 — MINNEAPOLIS, Feb. 16 -- APA Optics Inc. has reported a loss of $988,740, or 11 cents a share, for its third fiscal quarter ended December 31, 1999. The loss had been projected as part of the company's buildup for manufacturing; it compares with...
Corning to Buy NetOptix,Form Joint Venture with Samsung
Feb 15, 2000 — CORNING, N.Y., Feb. 15 -- Corning Inc. has agreed to purchase NetOptix Corp., a Sturbridge, Mass.-based manufacturer of thin-film filters for use in dense wavelength division multiplexing (WDM) components, for approximately $2 billion in stock....
Chemists Use IR Lasers to ProbeMolecular Interactions
Feb 15, 2000 — MADISON, Wis., Feb. 15 -- A group of chemists from the University of Wisconsin-Madison has developed a new method for probing the molecular universe using infrared spectroscopy. The researchers use two infrared lasers, which are choreographed to...
Corning Acquires BT'sPhotonics Technology Research Center
Feb 15, 2000 — CORNING, N.Y, Feb. 15 -- Corning Inc. has reported that it will partner with British Telecommunications (BT) on researching photonics technology. As part of the process of establishing this research partnership, Corning has acquired BT's Photonics...
Bell Labs Researchers Develop New Enginesfor Communications Networks
Feb 14, 2000 — SAN FRANCISCO, Feb. 14 -- Researchers at Lucent Technologies' Bell Labs have developed what they describe as a new approach to building the signal processing engines needed for tomorrow's communications networks. The Bell Labs approach, called...
VISX Excimer Approved for Laser Vision Correction in Japan
Feb 14, 2000 — SANTA CLARA, Calif., Feb. 14 -- VISX Inc. announced that Japan's Ministry of Health and Welfare has approved the company's Star S2 Smoothscan excimer laser system for use in the treatment in Japan of myopia with astigmatism. Clinical trials to...
Premier Laser Systems Completes Financing
Feb 14, 2000 — IRVINE, Calif., Feb. 14 -- Premier Laser Systems Inc. has completed a private round of financing during which it issued $2 million of secured convertible debentures. The debentures carry a coupon of six percent, and are convertible into shares...
DOD Names INRAD as Lithium Niobate Crystal Supplier
Feb 11, 2000 — NORTHVALE, N.J., Feb. 11 -- INRAD Inc. has been awarded a contract to produce and supply lithium niobate crystals for US Defense Supply Services in Cleveland, Ohio. The contract calls for an initial release of 100 crystals, and the government has...
CTI Submits Second Module for FDA Approval
Feb 11, 2000 — LAYTON, Utah, Feb. 11 -- Computerized Thermal Imaging Inc. (CTI) has submitted its second data package to the US Food and Drug Administration as part of its application for pre-market approval of the company's breast cancer detection system. CTI...
Corning Places Executives in Key Posts at Oak Industries
Feb 11, 2000 — CORNING, N.Y., Feb. 11 -- Corning Inc. has appointed three of its executives to key posts at Oak Industries Inc., which Corning acquired on Oct. 28, 1999. Robert B. Brown, vice president of manufacturing and engineering for Corning's...
Bank Recommends Investing in Optical Networking
Feb 10, 2000 — SAN FRANCISCO, Feb. 10 -- While the entire telecommunications equipment industry is experiencing strong growth, an analyst with Banc of America Securities sees the optical networking sector providing particular opportunities for investors. In the...
Rofin-Sinar Revenues Increase 16%,Net Income Grows 336%
Feb 10, 2000 — HAMBURG, Germany, Feb. 10 -- Rofin-Sinar Technologies Inc. reported net sales of $33.2 million for the first quarter ended December 31, 1999, an increase of 16 percent over sales in the comparable quarter of fiscal 1999. Net income for the...
LightPath Expanding Alliance with Hikari Glass
Feb 9, 2000 — ALBUQUERQUE, N.M., Feb. 9 -- LightPath Technologies Inc. and Hikari Glass Co. Ltd. are expanding their strategic alliance. The companies' long-term relationship was originally established to provide LightPath with a stable supply of raw materials...
RVSI Receives Chip Inspection Orders from Korean Firms
Feb 9, 2000 — CANTON, Mass., Feb. 9 -- Robotic Vision Systems Inc. (RVSI) has received two orders from Korean semiconductor manufacturers for RVSI Electronics' LS-7700 laser-based in-tray, three-dimensional chip inspection systems. According to RVSI, the orders...
Lucent to Acquire Ortel
Feb 8, 2000 — MURRAY HILL, N.J., Feb. 8 -- Lucent Technologies' Microelectronics Group has agreed to acquire Alhambra, Calif.-based Ortel Corp., a developer of photonic components for cable TV networks. The merger agreement calls for each share of Ortel to be...
Corning Expanding Fiber Production by 50 Percent
Feb 8, 2000 — CORNING, N.Y., Feb. 8 -- Corning Inc.'s board of directors has approved a proposal to invest three-quarters of a billion dollars in expanding the company's optical fiber manufacturing capabilities. Corning expects the expansions to lead to an...
Photobit Develops Micro-Power, Micro-DotCMOS Image Sensor
Feb 7, 2000 — PASADENA, Calif., Feb. 7 -- Photobit Corp. plans to unveil the details of a micro-power, micro-dot size sensor at the International Solid-State Circuits Conference (ISSCC) in San Francisco. Photobit says that the camera-on-a-chip uses only 48 mW of...
FMC Moves to Buy Advanced Machine Vision
Feb 7, 2000 — CHICAGO, Feb. 7 -- FMC Corp. has declared its interest in acquiring Advanced Machine Vision Corp. (AMVC), proposing to AMVC's board of directors a purchase price of $1.75 per share in cash for a total of approximately $27 million. Charles...
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