Coherent acquires Beam Dynamics

May 4, 2010
Santa Clara, CA.,--Coherent, Inc. (Nasdaq: COHR) announced in a press release today that it has acquired the business of Beam Dynamics (San Carlos, CA) ...
Santa Clara, CA.,--Coherent, Inc. (Nasdaq: COHR) announced in a press release today that it has acquired the business of Beam Dynamics (San Carlos, CA) a manufacturer of laser machining centers. Beam Dynamics has established a strong market position through the development of industrial-grade laser machine tools that have compelling price/performance characteristics, according to the release. Their laser machining tools are used in a variety of cutting applications including plastics, fabric, leather, rubber, metal, ceramics and wood, for customers ranging from regional machine shops to Fortune 500 brands.

Coherent noted that this acquisition allows it to further expand its presence in the
materials processing market, achieve closer alignment with customer processes and applications, and more effectively drive development of new sources and tools to meet the needs of the laser machining market. When combined with Coherent’s recent introduction of its extremely compact kilowatt CO2 laser, the company can take a more active position in the development of high precision, kilowatt level cutting tools in a small footprint. The company says that it sees this combination as a catalyst to expanding the use of lasers in a host of applications that cannot justify the capital outlay or the physical infrastructure needed of tools significantly larger.

“We are very pleased to have Matthew Bye and the Beam Dynamics team join Coherent,” said Paul Sechrist, Senior Vice President at Coherent. “They have done an excellent job at creating a strong brand through their commitment to performance, quality and service. Coherent is committed to ensuring that the integration is seamless and transparent to our customers. As a standalone business unit within Coherent, Beam Dynamics will retain its nimble organizational structure, while continuing to drive innovation and exceed our customers’ expectations.”

Beam Dynamics has been a long time Coherent customer, integrating Coherent Diamond CO2 lasers from 150 to 500 W, and now 1 kW, into its machine tools. Coherent says it looks forward to formally integrating the two companies and strengthening its position as a leader in the low to mid-power materials processing space.

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