Ferro acquires laser marking specialist TherMark

Feb. 26, 2015
Ferro Corp. has acquired privately held laser marking technology developer TherMark for $5.5 million in cash, subject to customary adjustments.

Cleveland, OH - Ferro Corp. (NYSE:FOE) has acquired privately held laser marking technology developer TherMark (Irvine, CA) for $5.5 million in cash, subject to customary adjustments. TherMark is Ferro's largest partner in the marketing of laser marking materials and also licenses technology to Ferro.

Related: Ferro, TherMark, CerLase reach accord on laser marking technology

TherMark's unique patented technology uses precise lasers to quickly and permanently fuse marking materials to metals, ceramics, glass, plastics, and other hard surfaces. The process creates high-contrast, high-resolution marks for purposes of decoration and identification. The specially formulated marking materials, supplied by Ferro, consist of glass-based ceramic glazing material and pigments, with the addition of a thermal absorber.

Laser marking is used in many industries, including awards and recognition, signage, medical and surgical instruments, manufacturing, and home appliances and décor. The technology is increasingly being used as a solution for component tracking, quality control, and anti-counterfeiting in the automotive, aerospace, and perfume and cosmetics industries.

"This is a small but attractive, value-creating investment for Ferro," says Peter Thomas, Ferro's chairman, president, and CEO. "Laser marking is a fast-growing, high-value niche industry and we believe we can capitalize on this opportunity by leveraging our significant presence in glass coatings to drive future growth. Given our existing position as a supplier of laser marking materials and our knowledge of TherMark's technology, we expect to seamlessly integrate the acquisition into our Performance Colors and Glass industrial products portfolio."

About the Author

Industrial Laser Solutions Editors

We edited the content of this article, which was contributed by outside sources, to fit our style and substance requirements. (Editors Note: Industrial Laser Solutions has folded as a brand and is now part of Laser Focus World, effective in 2022.)

Sponsored Recommendations

Request a free Micro 3D Printed sample part

April 11, 2024
The best way to understand the part quality we can achieve is by seeing it first-hand. Request a free 3D printed high-precision sample part.

How to Tune Servo Systems: The Basics

April 10, 2024
Learn how to tune a servo system using frequency-based tools to meet system specifications by watching our webinar!

Motion Scan and Data Collection Methods for Electro-Optic System Testing

April 10, 2024
Learn how different scanning patterns and approaches can be used in measuring an electro-optic sensor performance, by reading our whitepaper here!

How Precision Motion Systems are Shaping the Future of Semiconductor Manufacturing

March 28, 2024
This article highlights the pivotal role precision motion systems play in supporting the latest semiconductor manufacturing trends.

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!