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Business News
Shareholder Issues Complaint over Thermo Vision Merger
Sep 1, 1999 — A Thermo Vision Corp. shareholder has issued a complaint against the planned merger of the company and its parent, Thermo Instrument Systems Inc. In early July, Thermo Vision’s board of directors voted to sell the company’s outstanding common stock held by minority shareholders for $7 a share. That move would enable Thermo Instrument Systems to assume 100 percent ownership of the company. The complaint alleges that stockholders would be "deprived of their investment and...
US to Improve Reporting of Laser Sales
WASHINGTON -- WASHINGTON -- The US Department of Commerce has agreed to adopt new categories for tracking laser sales as part of its North American Industrial Classification System. Beginning in January 2000, the department’s survey of sales for 1999 will...
Co-Inventor of the Nd:YAG Dies
Aug 1, 1999 — LeGrand G. Van Uitert, co-inventor of the Nd:YAG laser, died June 3. He retired in 1989 after working as a research chemist and materials scientist at Bell Laboratories in Murray Hill, N.J., for 37 years. A member of the National Academy of...
Competition Heats Up for the Blue Laser Market
Aug 1, 1999 — The race to corner the market for blue diode lasers recently picked up some new contenders, with the US military funding both company and university research programs. The first blue laser diode with 10,000-h continuous-wave operation was...
Industry Pays Record Share of US Research Tab
Aug 1, 1999 — After a long downward trend in research and development funding in the US, an estimated $220.6 billion -- an inflation-adjusted 5.3 percent increase -- was spent in 1998. According to a National Science Foundation report, industry provided 65.1...
JDS Fitel, Uniphase Complete Match Made in Fiber Optics
SAN JOSE, Calif. -- SAN JOSE, Calif. -- Call it a done deal. At the end of June, shareholders of Uniphase Corp. and JDS Fitel Inc. of Nepean, Ontario, Canada, gave overwhelming approval to the companies’ merger plans. That was hardly surprising considering that...
Laser Program Suspended; Jobs Cut
LIVERMORE, Calif. -- LIVERMORE, Calif. -- Low unemployment rates in California softened the blow for 547 employees of a Lawrence Livermore National Laboratory uranium enrichment project. The conclusion of the 26-year laser-based project affected technicians in lasers,...
Old Crystal Looks for New Growth
MORRISTOWN, N.J. -- MORRISTOWN, N.J. -- There is new competition in the alexandrite laser market. Laser Energetics Inc. of Mercerville, N.J., recently bought the alexandrite laser business -- including patents, lasers and materials -- of Allied Signal Inc. of...
Precision Optics Firm Wins Small-Business Award
Aug 1, 1999 — James P. Gormican, president of Composite Optics Inc. of San Diego, accepted the US Small Business Administration's National Small-Business Subcontractor of the Year award for his company, having been nominated by Lockheed Martin Missiles and Space....
US Air Force Will Improve Space Surveillance System
Aug 1, 1999 — The US Air Force's ground-based electro-optical deep-space surveillance system is about to get a better outlook. Under a program called Deep Stare, charge-coupled device cameras will replace the system's tube-based cameras. The upgrade, which must...
When Growing, Watch Your P’s and Queues
PITTSFIELD, Mass. -- PITTSFIELD, Mass. -- With photonics business leaders forecasting market growth, manufacturers will have their hands full preventing production bottlenecks. Ironically, logjams are more likely as a plant approaches full capacity. Miscues can slow...
And the Academy Award Winner Is -- Carl Zeiss
HOLLYWOOD, Calif. -- HOLLYWOOD, Calif. -- One award-winning Hollywood star has neither perfect skin nor drop-dead beauty. At the latest gathering of the glitterati, a camera lens was recognized for its performance and given a Scientific and Engineering Award from the...
Fiber Installation Provokes Lawsuits
WASHINGTON -- WASHINGTON -- Communications companies deploying optical fiber are finding that empire building is still based on secure land rights. Two recent court cases, one each involving private and public lands, highlight the interpretation of property...
Inventor of Rotating Laser Dies
Jul 1, 1999 — Robert Studebaker, a pioneer in the development of rotating lasers, died April 30 in Tucson, Ariz. During the mid-1960s, Studebaker combined a commercially available laser with a motorized spinning prism to establish construction and surveying...
Laser Materials Processing Committee Formed
Jul 1, 1999 — The Laser Institute of America plans to give members of the laser materials processing community a stronger voice. It has announced that it is reorganizing the laser materials committee with the hope of strengthening the network of members in the...
Optical Societies’ Membership to Vote on Merger
BALTIMORE -- BALTIMORE -- After about two years of due diligence and cautious courtship, the boards of directors of the Optical Society of America (OSA) and SPIE have approved a unification plan and will put it up for a vote by their members. Ballots will be...
Partnership Eyes Deep-UV Photolithography
Jul 1, 1999 — Cymer Inc. and Carl Zeiss Lithos have teamed up to facilitate the development of optical components and modules for lithography light sources. San Diego-based Cymer supplies illumination sources for deep-UV photolithography, and Carl Zeiss Lithos of...
Photonics Firms Now Open 24 Hours Daily
CYBER.COM -- CYBER.COM -- Amazon.com Inc. and eBay Inc. may grab the headlines, but photonics companies are also busy cashing in on e-commerce from their own Web sites. Internet-savvy firms are coming online with product catalogs and interactive customer...
Report: China Pilfered Photonics
WASHINGTON -- WASHINGTON -- The Chinese government has been using scientists and business owners to acquire photonics military technology for more than a decade, according to the findings of a six-month congressional committee investigation into the transfer of...
SEC Takes Action Against Laser Company
Jul 1, 1999 — The US Securities and Exchange Commission has filed a lawsuit against a manufacturer of 3-D holographic video image projectors in Van Nuys, Calif. According to a statement released May 17, the suit charges Nicholas L. Geranio and his firm,...
Strategic Alliance Focuses On Blue Laser Diodes
Jul 1, 1999 — The race to produce blue laser diodes has just accelerated. Durham, N.C.-based Cree Research Inc. has formed a strategic partnership with Microvision Inc. of Seattle, developer of virtual retinal display technology, to develop blue and green laser...
Connector Giant Will Eliminate 8000 Jobs
Jun 1, 1999 — Amp Inc. in Harrisburg, Pa., plans to eliminate about 8000 jobs, or 16 percent of its work force of 48,800, as its new owners mount an initiative to regain leadership in the connector market. Bermuda-based Tyco International Ltd. purchased the...
Corning Contracts with SDL for 980-nm Pump Modules
Jun 1, 1999 — SDL Inc. in San Jose, Calif., will supply 980-nm pump modules to Corning Inc., a manufacturer of erbium-doped fiber amplifiers used in dense wavelength division multiplexing WDM networks. The value of the contract is contingent on the number of...
Fiber Optics Grows in Research Triangle
RESEARCH TRIANGLE, N.C. -- RESEARCH TRIANGLE, N.C. -- Boosted by this area’s high-tech work force, photonics companies have created a cluster of fast-growing businesses. In the latest expansion, Lucent Technologies of Murray Hill, N.J., announced its intention to add a...
Firm Predicts Lackluster Profits for WDM Market
Jun 1, 1999 — Trans-Formation Inc., a market forecasting firm specializing in transmission equipment markets, is projecting lackluster profit margins for the wavelength division multiplexing (WDM) market. According to projections in the company's recently...
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