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Laser Industry News 2006 p10:

• NeoPhotonics acquires LightConnect and OpTun
  June 19, 2006, San Jose, CA-- NeoPhotonics, a global supplier of fiberoptic component and module solutions for core, FTTx, and other broadband networks, has acquired LightConnect (Newark, CA) and OpTun (Santa Clara, CA).
• QWIP Systems and Cantronic to combine
  June 14, 2006, Edmonton, Alberta, Canada, and Vancouver, B.C., Canada--QWIP Systems Inc. and Cantronic Systems Inc. will consolidate under the name Cantronic Systems Inc. ("New Cantronic"). Cantronic, an IR camera manufacturer, and QWIP, a detector and sensor manufacturer, are both eight years old. The transaction is expected to close by September 15, 2006.
• Unaxis Optics makes strategic investment in Novalux
  June 14, 2006, Balzers, Lichtenstein -- Unaxis Optics has acquired a strategic stake in Novalux (Sunnyvale, CA) as part of a $21.7 million financing round that included Crescendo Ventures, Morgan Stanley Venture Partners, Dynafund Ventures, and Tredegar.
• Tech transfer awards benefit seven Scottish firms
  June 12, 2006, Livingston, Scotland--CCTV security in taxis, transmitters for underwater communication, and 3D imaging for the dairy industry are just some of the technologies that will be developed in Scotland by the latest recipients of The Technology Transfer in Opto and Microelectronics (TTOM) awards.
• G-S Plastic Optics announces new coating facility
  June 9, 2006, Rochester, NY--G-S Plastic Optics announced the completion of its most recent plant expansion through the establishment of an in-house coating facility. The company integrated a precision optical coating system, built by Vacuum Process Technology, Inc. (VPT; Plymouth, MA), enabling coating capabilities specific to polymer substrates.
• SIA raises forecast for chip growth
  June 7, 2006, San Jose, CA--The Semiconductor Industry Association (SIA) released an updated forecast projecting worldwide sales of semiconductors will grow by 9.8 percent to $249.6 billion in 2006. The forecast was revised upward from the November forecast projecting an increase of 7.9 percent to $245 billion. The SIA attributed the upward revision to stronger than expected growth in key end markets for semiconductors, most notably cell phones.
• Sol-gel is a billion-dollar market
  June 7, 2006, Wellesley, MA--The US market for sol-gel processing of ceramics and glass will be worth $330 million, according to a technical market report issued by BCC Research (www.bccresearch.com). The US market is expected to reach $500 million by 2011 at an average annual growth rate (AAGR) rate of 8.7%. The global market for sol-gel products in 2006 was $1 billion; this is forecasted to increase to $1.4 billion by 2011 with an AAGR of 6.3%.
• American Medical to acquire Laserscope
  June 5, 2006, Minneapolis, MN and San Jose, CA-- American Medical Systems will pay $715 million for Laserscope, the market leader for the surgical treatment of obstructive benign prostatic hyperplasia (BPH).
• Cutera, Palomar settle patent litigation
  June 5, 2006, Brisbane, CA--Aesthetic laser manufacturer Cutera will pay Palomar Medical Technologies (Burlington, MA) $22 million in royalties as part of a settlement agreement related to patent infringement lawsuits with Palomar.
• Jenoptik opens plastic optics production center
  June 2, 2006, Triptis, Germany--By changing its name to Jenoptik Polymer Systems (JPS) GmbH, Wahl optoparts GmbH is taking an important step in the new Jenoptik Group by opening a new production building for plastic optics and optical systems--the largest and most modern in Europe--in the little town of Triptis in the Federal State of Thuringia, Germany.

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