NASDAQ-NMS:IPGP

Miller Electric Mfg. LLC and IPG Photonics Announce Strategic Technology Collaboration to Deliver Leading Laser Solutions to the Handheld Welding Market

Retrieved on: 
星期二, 十一月 7, 2023

APPLETON, Wis., Nov. 7, 2023 /PRNewswire/ -- Miller Electric Mfg. LLC, a leading worldwide manufacturer of arc welding products, and IPG Photonics Corporation (NASDAQ: IPGP), a global leader in fiber laser technology, today announced a strategic technology partnership with a goal to further promote laser solutions for handheld welding applications.

Key Points: 
  • LLC, a leading worldwide manufacturer of arc welding products, and IPG Photonics Corporation (NASDAQ: IPGP), a global leader in fiber laser technology, today announced a strategic technology partnership with a goal to further promote laser solutions for handheld welding applications.
  • The combination of Miller's extensive knowledge of the unique needs of traditional welding methods and IPG Photonics' expertise in fiber laser technology will bring ease of use, speed and precision, transforming the handheld welding process.
  • Miller Electric and IPG Photonics are renowned for their unwavering commitment to innovation and are synonymous with quality and reliability.
  • "We are excited to enter this partnership with Miller, as it allows us to pioneer new frontiers in handheld welding technology.

Lumentum Acquires IPG Photonics' Telecom Transmission Product Lines

Retrieved on: 
星期一, 八月 15, 2022

SAN JOSE, Calif., Aug. 15, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ: LITE) (" Lumentum ") today announced that it has acquired IPG Photonics' (NASDAQ: IPGP) telecom transmission product lines in an all-cash transaction.

Key Points: 
  • SAN JOSE, Calif., Aug. 15, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ: LITE) (" Lumentum ") today announced that it has acquired IPG Photonics' (NASDAQ: IPGP) telecom transmission product lines in an all-cash transaction.
  • "I am very excited to add such highly complementary and differentiated transceiver product lines and ASIC capabilities, which help to expand our addressable market and augment our technology capabilities," said Dr. Beck Mason, SVP and General Manager, Telecom Transmission at Lumentum.
  • Lumentum optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network.
  • Lumentum undertakes no obligation to update the information contained in this communication or any other forward-looking statement.