COHERENT INC. PURCHASES INTEREST IN HOLO-OR
COHERENT INC. PURCHASES INTEREST IN HOLO-OR PALO ALTO, Calif., Jan. 23 /PRNewswire/ -- Coherent Inc.
(NASDAQ: COHR) has purchased a 10 percent equity interest in Holo-Or Ltd. located in Rehovot, Israel. Holo-Or is a start-up company specializing in the design and prototype fabrication of Diffractive Optical Elements.
Coherent and Holo-Or have been working together for several years to commercialize diffractive technology for use in laser delivery systems. Coherent currently markets these lenses to CO2 laser users for a number of applications where high energy density or special beam shaping is required. These lenses offer unique advantages such as low weight, complex optical functions, and aberration-free performance. Diffractive optics utilize semiconductor lithographic manufacturing techniques to create computer-designed phase structures which replace traditional optics. According to Bob Gelber, vice president and general manager of Coherent's Auburn Group: "Combining our expertise in the design of optics and lasers, along with the Holo-Or capabilities in diffractive optical design has allowed us to create new products that could not be achieved with conventional technology." Coherent's lasers and related devices utilize the unique properties of light for medical, scientific, optical and industrial customers. -0- 1/23/92 /CONTACT: Robert J. Quillinan of Coherent Inc., 415-852-8268/ (COHR) CO: Coherent Inc. ST: California IN: CPR SU: TNM
RM -- SJ006 -- 2849 01/23/92 13:34 EST
|Printer friendly Cite/link Email Feedback|
|Date:||Jan 23, 1992|
|Previous Article:||SECOND 10-DAY AMERICAN AUTOMOBILE SALES FOR JANUARY 1992|
|Next Article:||CARTER-WALLACE DECLARES DIVIDENDS ON COMMON STOCK AND CLASS B STOCK|