Coherent enters high-power materials processing market with Nuvonyx acquisition
May 1--Coherent has acquired Nuvonyx, a provider of high-power diode laser components, arrays, and industrial laser systems for materials processing.
Nuvonyx's industrial laser systems are used for cladding and hardening of metals, joining materials, and other materials processing applications. Other near-term applications include welding of plastics and direct metal welding. Combined with Coherent's capability in diode laser bars, this acquisition represents both a vertically integrated and more cost-effective approach than fiber lasers for certain applications, reports Coherent.
"The addition of Nyvonyx marks Coherent's entry into the high-power materials processing market, an area with potential for significant long-term growth," says John Ambroseo, president and CEO of Coherent. "Nuvonyx's products and technical capabilities are an excellent enhancement to our arrays and components product lines, and provide the ability to pump our lasers at increasingly higher powers."
Dr. Mark Zediker, founder, president, and CEO of Nuvonyx, comments, "The employees at Nuvonyx are excited to be part of a global industry leader with Coherent's scale and reputation. By combining with Coherent, Nuvonyx will be able to make an impact on the high-power laser systems and components market much faster than as a stand-alone entity."