IPG Photonics has announced that it will acquire Genesis Systems Group (Genesis), an integrator of robotic welding and automation solutions

MKS Instruments, a provider of process control solutions, is set to acquire laser micro-machining firm Electro Scientific Industries (ESI) for approximately $1 billion in cash

Trumpf senior figure and partner Berthold Leibinger has died at the age of 87

IPG Photonics has said it doesn’t expect to reach the 2018 third quarter revenue guidance range it set itself at the end of July 2018

NLight has reported an almost 60 per cent year-over-year increase in Q2 industrial and microfabrication sales in China.

The company’s laser solutions business unit achieved revenue of $428.0 million for the fiscal year ending 30 June 2018

Fibre laser manufacturer IPG Photonics’ second quarterly revenue has increased 12 per cent year-over-year to $413.6 million

Laser manufacturer Trumpf’s sales rose by 15 per cent to €3.6 billion in the 2017/2018 fiscal year. Orders received by the group rose to €3.8 billion, an increase of around 13 per cent.

IPG Photonics achieved $1.41 billion in yearly revenue throughout 2017, a 40 per cent increase over that recorded last year