Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) says that it has completed the exchanges for all $65m of its 6% convertible senior notes due 2020. Between 8 and 18 August, ...
Tags: Oclaro, revenue, convertible debt
The project MIRPHAB (MidInfraRed PHotonics devices fABrication for chemical sensing and spectroscopic applications) has unveiled a chemical sensor capable of detecting drugs and explosives from a distance of 30m. Lasting from the ...
Tags: MIRPHAB, mid-IR chemical sensor
Identifying the potential for running pumps as turbines originated because companies wanted to assess the impact on their systems if a pump stopped and went into reverse operation. One international pump manufacturer decided to examine the ...
The technology and capital goods group voestalpine plans to increase its revenue in the NAFTA region from the present EUR 1.2 billion to EUR 3 billion by 2020. A new %500m order for its automotive sector brings the company one step closer ...
Tags: voestalpine, NAFTA
Nordson Corporation reported results for the third quarter of fiscal year 2016. For the quarter ending July 31, 2016, sales were $490 million, a 6 percent increase from the prior year’s third quarter. This change in sales includes a ...
Swiss food group Orior has announced that it will acquire the Culinor Food Group to strengthen its presence in the European market. Operating out of Benelux, Culinor is a major producer of ready-made meals and meal components serving ...
Tags: Orior, Culinor Food Group, expand
Recently, Cummins East Asia Research and Development Center (EA R&D) held a grand ceremony to celebrate its 10th anniversary. Steve Chapman, Cummins Group Vice President – China and Russia, Dr.Peng Lixin, Cummins Vice President - ...
Tags: Cummins EA R&D, anniversary
The UK is now reporting the lowest rates of MRSA in its NHS hospitals since 2001. However, despite UK hospitals leading the way in the global fight against Healthcare Associated Infections (HCAI), the costs to the country are still ...
Tags: Denny Bros, MRSA, antibacterial properties
Cortech has introduced new CorShield VpCI-146 reinforced paper, which can be used as a protective packaging for sharp or oddly shaped metals. The firm’s Vapor phase Corrosion Inhibiting (VpCI) paper is also a better packaging option ...
Electric truck and bus powertrain manufacturer, Motive Power Systems has opened its new headquarters at 330 Hatch Drive in Foster City, California. The new headquarters gives the company room to grow and hire new employees, and continue ...
Platinum Equity has signed an agreement to acquire Foam Plastic Solutions and Flow Control Devices (FCD) businesses from Broadway Industrial Group. FPS provides protective packaging, insulation and component products to the medical, ...
Increased adoption of biometrics security in mobile phones, close-circuit television and other consumer applications spurred revenue growth in the global market for infrared LEDs from $201.5m in 2014 to $241.4m in 2015, according to Jamie ...
Tags: Infrared LEDs, LED market
For full-year fiscal 2016 (ended 26 June), Cree Inc of Durham, NC, USA has reported revenue of $1.62bn, down slightly on $1.63bn for fiscal 2015, as growth in commercial lighting and stable LED revenue was offset by lower consumer lighting ...
Tags: Cree Inc, revenue report, LED products
Tokyo-based Mitsubishi Electric Corp has launched the new PSF15S92F6 15A/600V transfer-mold power semiconductor model in its lineup of super-mini dual-in-line package intelligent power modules (DIPIPM), with embedded silicon carbide ...
Privately held integrated optical communications component and sub-system developer ColorChip of Yokneam, Israel has raised $20m in new growth funding to ramp-up operations and drive an accelerated product roadmap. The funding is in ...
Tags: Optical transceivers, ColorChip, PICs