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Laser Industry News 2008 p18:

• Battelle acquires optical materials and millimeter wave technology from Optimer Photonics
  February 22, 2008, Columbus, OH--Battelle announced that it has recently acquired the intellectual property and other assets of Optimer Photonics, including 14 U.S. patents, several international patents, and an additional 12 pending applications. Optimer Photonics was formed in 2001 to commercialize the electro-optic waveguide components developed at Battelle for the telecommunications industry.
• WPI receives gift from IPG Photonics to enhance teaching and research
  February 21, 2008, Worcester, MA--Worcester Polytechnic Institute (WPI) has received funds and equipment from fiber laser and amplifier manufacturer IPG Photonics Corporation (Oxford, MA), to enhance the teaching and research capabilities of the IPG Photonics Laboratory, established at WPI in 2001, in part, with support from the company.
• Physical sciences benefit in proposed 2009 U.S. federal budget
  February 19, 2008, Washington, D.C.--According to the American Association for the Advancement of Science (AAAS), while the 2009 federal budget proposal announced this month by U.S. President George Bush includes increases for basic physical sciences and most other parts of the R&D portfolio, it keeps biomedical funding at the National Institutes of Health (NIH) flat.
• Qioptiq to acquire Point Source to expand laser offering
  February 19, 2008, Paris, France--Designer and manufacturer of optical solutions, Qioptiq, entered into an agreement to acquire Point Source (Hamble, England), a specialist producer of fiber optic laser delivery systems and lasers.
• EOS and Trumpf announce patent license agreement with MCP on laser sintering
  February 15, 2008, Krailling, Germany--EOS GmbH Electro Optical Systems and Trumpf Werkzeugmaschinen GmbH + Co. KG (Ditzingen, Germany) have signed an agreement with MCP Tooling Technology (Stone, United Kingdom) and MCP-HEK Tooling GmbH in Germany. Under the agreement, both MCP companies receive a non-exclusive license for certain EOS and Trumpf patent rights regarding the laser-sintering process.
• Gemfire and Covega merge to develop next-generation integrated photonics
  February 15, 2008, Fremont, CA--Gemfire Corporation announced the completion of the merger with Covega Corporation (Jessup, MD), a provider of indium-phosphide and lithium niobate components and modules to the telecommunications, industrial, medical, defense, and test and measurement industries.
• Executive Panel Session gives mixed outlook for 2008: mostly sunny, chance of rain
  Feb. 12, 2008, San Jose, CA--Top executives gave a mixed forecast for the photonics industry in 2008 at the January 23 Photonics West Executive Panel Session, "Market Direction and Implications for the World of Photonics."
• Laser Energetics secures $12 million to accelerate R&D
  February 12, 2008, Mercerville, NJ--Laser Energetics (LEI), with its focus on alexandrite laser technology, executed a financing agreement for a $12 million equity investment into the Company. The investment is priced at a substantial premium to the current market price. The investment is being made by a company with whom LEI already has an existing business relationship.
• Cree to acquire LED luminaire manufacturer for $77 million
  February 11, 2008, Durham, NC--LED manufacturer Cree has signed a definitive agreement to acquire privately-held LED Lighting Fixtures, an LED luminaire manufacturer.
• Navitar expands lens design & prototyping capabilities with Special Optics acquisition
  February 8, 2008, Rochester, NY--Navitar, a manufacturer and distributor of precision optics and opto-mechanical assemblies for the machine vision and digital projection industries, acquired Special Optics (Wharton, NJ), a privately owned manufacturer of optical assemblies for long-range surveillance, laser scanning, laser projection, ultraviolet, visible, and infrared applications.

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