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Holographic Market Estimated at $2.8 Billion for 1998
Dec 1, 1998 — Holographic optical elements are the secret behind brighter lights and faster CD-ROMs, and they have emerged as an increasingly important area of growth in the $18 billion optoelectronic component market. In a recent study, Business Communications Co. Inc. of Norwalk, Conn., projects that the worldwide industrial holography market will reach $2.8 billion for 1998. The total US market for industrial holography is $1.7 billion. The two largest segments of the worldwide market are holographic...
Instruments Market Is Projected to Reach $170 Million by 2003
Dec 1, 1998 — As spectroscopy moves out of the scientific laboratory and onto the manufacturing floor, analysts predict the overall instruments market will continue to grow -- at an average annual rate of 4.1 percent during the next five years. The projection...
Laser-Based Sensor Companies Form Group
Dec 1, 1998 — Four companies involved in developing noncontact, laser-based measurement and control sensors for industrial applications have merged to form Laser Measurement International Inc. in Vancouver, British Columbia, Canada. A laser-based sensor...
Lucent Technologies Plans Layoffs at Georgia Plant
Dec 1, 1998 — Telecommunications giant Lucent Technologies announced plans to cut up to 425 jobs at its plant in Norcross, Ga. The facility will continue to expand its production of fiber optic cable, however. Of the 3000 positions at the plant, the company plans...
National Science Foundation Earmarks $10 Million for Research Centers
Dec 1, 1998 — The National Science Foundation has invested $10 million in five research centers in Georgia, Hawaii, Maryland, South Carolina and Virginia. Several of these centers will concentrate on photonics-related research. At the Engineering Research Center...
OSA, SPIE Seek Merger Input
Dec 1, 1998 — SPIE's board members decided at a meeting here Oct. 22 to echo the decision that came from the board of the Optical Society of America (OSA) in Baltimore on Oct. 9 -- an agreement to continue checking out the feasibility of a merger between the two...
Photonics Companies Among Fastest Growing
Dec 1, 1998 — From computer consultants and food retailers to manufacturers of baseball bats and sonic toothbrushes, America's fastest-growing private companies are a diverse lot. Yet they all sell the right product at the right time. This year the list of the...
Rocky Mountain Instruments Opens New Facility
Dec 1, 1998 — Rocky Mountain Instrument has opened a new, expanded, state-of-the-art facility designed to handle both mass-produced and one-of-a-kind optical requirements. The company's new clean areas, improved production flow and dedicated R&D chambers...
Telecom Companies and Venture Capitalists Back New Photonics Center
Dec 1, 1998 — With an eye on the growing optical communications market, Richardson, Texas-based Startech Inc. has announced the creation of its photonics development center. Supporters of the center include the University of Texas in Dallas; ADC...
Upturn Forecast for Semiconductor Equipment Industry
Dec 1, 1998 — Based on the semiconductor industry's push to make chips at 0.18 µm, BancBoston Robertson Stephens has given an investment upgrade to some firms in the capital equipment industry. "We believe the semiconductor capital equipment sector has hit...
Workshop Explores Trends in Organic Electronics
Dec 1, 1998 — The National Institute of Standards and Technology's Advanced Technology Program held its Organic Electronics Technologies Workshop Nov. 18. Although the details were not available at presstime, the workshop was slated to cover competitive...
Cognex Acquires Allen-Bradley
Nov 1, 1998 — Machine vision manufacturer Cognex Corp. has signed an agreement with Rockwell Automation to acquire certain technologies and assets from the machine vision business of Rockwell subsidiary Allen-Bradley Co. Terms of the deal also give Cognex, which...
Cymer Braces for Downturn
Nov 1, 1998 — Cymer Inc. has announced global work-force cuts of 12 percent as it restructures to offset the slump in the semiconductor industry. Most of the layoffs will occur in the company headquarters in San Diego where approximately 98 positions will be...
Kidger Optics Sells Sigma Software Line
Nov 1, 1998 — Kidger Optics has sold its Sigma optical software product line to Focus Software Inc. in Tucson, Ariz. According to Focus Software President Ken Moore, Kidger Optics has sold the copyright, source code and customer base related to its main product...
Melles Griot Buys HeCd Laser Maker Liconix
Nov 1, 1998 — Eager to boost its market share of low-noise, high-power helium-cadmium lasers, Melles Griot has purchased Liconix of Santa Clara, Calif. With the acquisition, Melles Griot will consolidate its hold on the global market share of HeCd lasers, which...
New School of Optics Opens
Nov 1, 1998 — The University of Central Florida in Orlando will open a graduate school of optics, making it one of three universities in the US to offer graduate education in this field. M.J. Soileau will direct the school, which grew out of the Center for...
New York State Forms Photonics Industry Association
Nov 1, 1998 — Home to nearly 350 photonics companies, New York state now boasts an association all its own: the Photonics Industry Association of New York. Bud Hippisley, secretary and executive director of the organization, said it will help members get access...
Semiconductor Slump Forces More Cuts
Nov 1, 1998 — Robotic Vision Systems Inc. has cut 140 jobs from its payroll. Pat V. Costa, chairman, CEO and president of the machine vision company in Canton, Mass., said the 16 percent reduction in work force was in response to the downturn in the semiconductor...
Stock Options Make Good Sense
Nov 1, 1998 — The photonics industry is full of start-up companies and new ventures -- fledgling enterprises in a position to get all the advantages from offering stock options to spur employee performance. So says Richard Lambert, an accounting professor at...
The Best-Laid Plans Need Effective Communication
Nov 1, 1998 — Actions speak louder than words, or so the saying goes. A recent study by researchers in Rensselaer Polytechnic Institute's Lally School of Management and Technology and DePaul University's department of management in Chicago suggests that managers...
US, UK Judges Uphold Corning Patents
Nov 1, 1998 — Corning Inc. has arrived at a settlement with Plasma Optical Fibre B.V. of Eindhoven, The Netherlands, and two affiliates, Yangtze Optical Fibre and Cable Co. Ltd. of Wuhan, China, and Chromatic Technologies Inc. of Franklin, Mass. The large...
Varian Associates Votes to Reorganize
Nov 1, 1998 — Varian Associates Inc. is reorganizing into three separate companies. The Palo Alto, Calif.-based manufacturer has units in analytical and research instruments, semiconductor equipment and health care systems. Noting that there is no longer a...
AlliedSignal Attempts Hostile Takeover of Amp
Oct 1, 1998 — Amp Inc., a manufacturer of fiber optic connectors based in Harrisburg, Pa., has rejected a $9.8 billion takeover attempt by AlliedSignal Inc. of Morris Township, N.J. Despite the rejection, AlliedSignal's chief executive officer, Larry Bossidy,...
Competitors Join Forces for Airborne Laser
Oct 1, 1998 — When it comes to matters of national defense, even the fiercest competitors can put aside their differences. Heraeus Amersil Inc. of Duluth, Ga., and Corning Inc. in Corning, N.Y., manufactured a 994-lb piece of optical-quality glass that will be...
DRS Technologies Buys Raytheon Divestitures
Oct 1, 1998 — DRS Technologies Inc. recently announced an agreement to purchase portions of Raytheon's ground electro-optical systems and focal plane array businesses, which formerly were parts of Hughes Aircraft and Texas Instruments, respectively. DRS expects...

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