FOSS acquires Ibsen Photonics

Aug. 23, 2010
Copenhagen, Denmark-- Ibsen Photonics A/S and FOSS A/S have announced that FOSS has become main shareholder in Ibsen Photonics through a purchase of an additional 73% of Ibsen Photonics shares from existing shareholders ...
Copenhagen, Denmark--Ibsen Photonics A/S and FOSS A/S have announced that FOSS has become main shareholder in Ibsen Photonics through a purchase of an additional 73% of Ibsen Photonics shares from existing shareholders. FOSS now owns around 85% of the shares in Ibsen. The investment reflects a growing partnership over the last years between the two companies.

Ibsen Photonics supplies holographic, fused silica transmission gratings and spectrometer modules for a wide range of telecom, analytical, sensing and laser markets and its products are used by FOSS in its range of analytical instruments--by becoming the main shareholder, FOSS secures the continued supply of high quality spectrometers, according to a company press release

Kim Vejlby Hansen, Executive VP Innovation & Quality at FOSS and Chairman at Ibsen, explained, "We have worked with Ibsen for some years now and have found their spectrometer solutions to be second-to-none. This is partly based on exceptional grating technology and optical design know-how, and partly based on Ibsen's unique resolve to collaborate with its customers to find win-win solutions. We are confident that Ibsen has the necessary backing to grow the business and be a profitable investment for FOSS." 

"We at Ibsen see this deal as proof that superior technology combined with customer support and collaboration is the right approach to securing a long-term, profitable growth," said Torben Jacobsen, President and CEO of Ibsen, adding, "with the backing of the FOSS group we have the muscle to further develop all our businesses--gratings, interrogation monitors and spectrometers--to support all our customers worldwide with our usual dedication."

Read more at
www.foss.dk
About the Author

Stephen G. Anderson | Director, Industry Development - SPIE

 Stephen Anderson is a photonics industry expert with an international background and has been actively involved with lasers and photonics for more than 30 years. As Director, Industry Development at SPIE – The international society for optics and photonics – he is responsible for tracking the photonics industry markets and technology to help define long-term strategy, while also facilitating development of SPIE’s industry activities. Before joining SPIE, Anderson was Associate Publisher and Editor in Chief of Laser Focus World and chaired the Lasers & Photonics Marketplace Seminar. Anderson also co-founded the BioOptics World brand. Anderson holds a chemistry degree from the University of York and an Executive MBA from Golden Gate University.    

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