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Laser Industry News 2006 p12:

• Corning expands LCD glass manufacturing capacity
  May 12, 2006, Corning, NY--The board of directors of Corning Incorporated approved a capital expenditure plan of $174 million to further expand its Generation (Gen) 8 size liquid crystal display (LCD) glass substrates manufacturing capacity at its facility in Shizuoka, Japan. The company had previously announced that it will ship samples of its Gen 8 size LCD glass (2160 mm x 2400 mm) from this facility in the second quarter.
• Nano-based solar energy developer raises $7.5 million
  May 11, 2006, Santa Clara, CA--Innovalight, a privately-held firm developing low-cost, nanotechnology-based printed solar cells, has raised an additional $7.5 million in private equity financing from existing investors to accelerate the development of ultra-low cost, lightweight solar cells using a proprietary silicon ink-based technology.
• Thermo Electron and Fisher Scientific to merge
  May 10, 2006, Waltham, MA and Hampton, NH--The boards of directors of Thermo Electron and Fisher Scientific International have unanimously approved a definitive agreement to combine the two companies in a tax-free, stock-for-stock exchange.
• Schott Expands Optics Business in China
  May 4, 2006, Shanghai, China and Mainz, Germany--With the opening of Wuxi Unique Schott Optical Co. Ltd., the German-based technology company Schott is strengthening its optics business in China. The new company officially opened for business on April 29, 2006 in the Wuxi National High Technology Development Zone, which is located about 100 miles northwest of Shanghai in the Jiangsu province.
• BFi OPTiLAS completes management buyout
  May 3, 2006, Evry, France--The management team of BFi OPTiLAS has executed a buyout of the company from Avnet Corporation.
• Luminus gets $38 million in venture financing
  May 2, 2006, Woburn, MA--Luminus Devices, which has developed and commercialized a photonic-lattice light source, has closed approximately $38 million in new venture financing.
• Laserscope acquires InnovaQuartz
  May 1, 2006, San Jose, CA--Laserscope has acquired the fiber-optic company InnovaQuartz (IQ; Phoenix, AZ) for $7.5 million in cash.
• Powerlase expands manufacturing
  April 28, 2006, Crawley, United Kingdom--Powerlase, manufacturer of diode-pumped solid-state (DPSS) lasers, is expanding operations during 2006, including occupying an extra 12,800 sq. ft. space in a new building to increase capacity threefold to cope with escalating demand from customers. The expansion follows their impressive 233% growth year-on-year and the company being listed as fifth fastest-growing venture-capital-backed company in the UK.
• OSA celebrates 90 student chapters in its 90th year
  April 26, 2006, Washington, DC--The Optical Society of America (OSA) is establishing its 90th student chapter during its 90th anniversary year.
• CAPE consortium spearheads new O/E research facility
  April 25, 2006, West Cambridge, England--The Centre for Advanced Photonics and Electronics (CAPE) consortium announced that Cambridge University Electrical Engineering Division has completed and equipped a new research facility for the development of emerging technologies across a variety of markets, including optoelectronics, nanoelectronics and displays.

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