CVI Melles Griot Continues Growth Strategy With New Acquisition.Addition of Coherent Imaging Optics Brings Infrared Optical Manufacturing Capabilities to Albuquerque, New Mexico-Based Supplier of Photonic Products ALBUQUERQUE, N.M. -- CVI CVI C (Language) Virtual Instrument CVI Clinical and Vaccine Immunology (journal) CVI Chronic Venous Insufficiency CVI Coastal Vulnerability Index CVI Canaan Valley Institute Melles Griot griot African tribal storyteller. The griot's role was to preserve the genealogies and oral traditions of the tribe. Griots were usually among the oldest men. In places where written language is the prerogative of the few, the place of the griot as cultural guardian is still announced today the acquisition of Coherent Imaging Optics Ltd. ("CIOL CIOL Cybermedia India Online Ltd CIOL Common Interface Object Language "), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Coherent, Inc. CIOL has been a valued supplier of critical infrared optical components for advanced thermal imaging and other electro-optic systems for over 20 years. In announcing the consummation of the deal with CIOL, Stuart Schoenmann, Chief Executive Officer of CVI Melles Griot, stated, "This acquisition increases our infrared optics manufacturing capacity, brings us unique coating technologies, and further strengthens our European manufacturing presence." CVI Melles Griot's acquisition strategy focuses on expanding its product line, increasing capabilities, and addressing growing market opportunities. The CIOL acquisition enables CVI Melles Griot to meet customer demand with local manufacturing for defense contracts and provides new capabilities to manufacture infrared imaging optics and assemblies. "We are excited to be joining the CVI Melles Griot family," says Robin Henderson, Managing Director for Coherent Imaging Optics Ltd. "We will be focused on developing our site as CVI Melles Griot's Center of Excellence for infrared imaging optics fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. and coatings, strengthening the business, and better serving our customers. We look forward to leveraging our worldwide manufacturing technologies and capabilities to improve time-to-market of products, to develop best in class processes, and to expand our manufacturing options for customers to meet import/export regulations." Robin Henderson will be leading the new CVI Melles Griot division through the integration and will report directly to CVI Melles Griot CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Stuart Schoenmann. About CVI Melles Griot Serving semiconductor, biotech, industrial, commercial, aerospace and research industries, CVI Melles Griot is a leading global supplier of photonics products including optical components and systems, lasers, motion-control systems, laser measurement instrumentation and opto-mechanical hardware. Headquartered in Albuquerque, New Mexico “Albuquerque” redirects here. For other uses, see Albuquerque (disambiguation). Albuquerque (pronounced [ˈæl.bə.kɚ.kiː], Spanish: [al.βu. , CVI Melles Griot operates manufacturing facilities in New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). , California, Colorado, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , the British Isles, Japan, and South Korea with sales representatives and distributors located worldwide. CVI has been a portfolio company of Norwest Equity Partners, a leading private equity firm, since May 2003. About Coherent Founded in 1966, Coherent, Inc. is a Standard & Poor's SmallCap 600 company and a world leader in providing photonics based solutions to the commercial and scientific research markets. Please direct any questions to Leen Simonet, Chief Financial Officer at 408-764-4161. For more information about Coherent, visit the Company's Web site at http://www.coherent.com/ for product and financial updates. |
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