Wednesday, August 3, 2011

Newport Corporation Completes High Q Technologies Buy

Irvine-based Newport Corporation said Tuesday that it has completed its acquisition of High Q Technologies GmbH, a developer and manufacturer of lasers. Financial details of the acquisition were not disclosed. Newport said it expects High Q to have revenues in 2011 of approximately $20M. High Q is a developer of femtosecond lasers used for surgical procedures.

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