nLIGHT Acquires LIEKKI

Vancouver, WA, USA/Lohja, Finland  October 8, 2007

Fastest growing semiconductor laser company will expand product offering with leading fiber products from LIEKKI

nLIGHT Corporation, a leading manufacturer of high-power semiconductor lasers, today announced the signing of a definitive agreement to acquire leading specialty fiber manufacturer LIEKKI Corporation based in Lohja, Finland. Further terms of the acquisition were not disclosed.

“This is a very important acquisition that integrates core technology for the rapidly growing markets for semiconductor and fiber lasers,” stated Scott Keeney, nLIGHT’s President and CEO. “Combining the nLIGHT and LIEKKI product portfolios will bring compelling solutions to our industry. We highly value the LIEKKI team and their operational excellence.”

“The combination of our technology and teams will provide customers with a complete supply chain from semiconductor lasers and fibers to optical modules,” commented William Willson, Managing Director of the Fiber Division. “nLIGHT is the fastest growing company in the semiconductor laser market and LIEKKI will bring its experience in fibers and modules; a unique, patented Direct Nanoparticle Deposition (DND) fiber technology process; and a specialized manufacturing facility, which scales efficiently in this growing market.”

The transaction is subject to customary closing conditions and is expected to be complete in the fourth quarter of 2007.

Previous
Previous

Venture Northwest Announces Outstanding Achievement Award Winners

Next
Next

nLIGHT Ranked Fastest Growing Company in Washington State by Deloitte’s Technology Fast 50