On October 5, 2018, Coherent (Santa Clara, CA) completed the acquisition of Ondax (Monrovia, CA), producer of volume holographic gratings (VHGs), wavelength-stabilized diode lasers, and terahertz-Raman (THz-Raman) laser systems. The companies are excited about the talented people and highly innovative product portfolio that is being added to Coherent.
Ondax says that as it is integrated into the Coherent organization, its first priority is customer care. Now, as part of one of the world's leading photonics companies, Ondax says it will be in an even better position to deliver exceptional laser products, innovation, and customer support. Ondax customers should continue to interact with their established Ondax contacts as they have done in the past. As Ondax moves through the integration process, it is committed to timely and clear communication of any changes in how it does business with its customers.
Founded in 1966, Coherent manufactures lasers and laser-based technologies for scientific, commercial, and industrial customers. Its common stock is listed on the Nasdaq Global Select Market (Nasdaq: COHR) and is part of the Russell 1000 and Standard & Poor's MidCap 400 Index.
SOURCE: Ondax; http://www.ondax.com/coherent-inc-acquires-ondax/