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Press Release November 16, 2007
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nLIGHT CONCLUDES ACQUISITION OF LIEKKI
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nLIGHT Press Release November 16, 2007
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Fastest growing semiconductor laser company expands product offering with leading fiber products from LIEKKI
Vancouver, WA, USA/Lohja, Finland — nLIGHT Corporation, a leading manufacturer of high-power semiconductor lasers, today announced the closure of the definitive agreement to acquire leading specialty fiber manufacturer LIEKKI Corporation based in Lohja, Finland. Further terms of the acquisition were not disclosed.
“While the acquisition officially closed on November 9th, we have already been actively working with the LIEKKI team to integrate them into the nLIGHT strategy, organization and future plans. LIEKKI’s Direct Nanoparticle Deposition (DND) fiber technology process gives us a unique capability which allows us to better serve our customers,” stated Scott Keeney, nLIGHT’s president and CEO. “We are delighted to have the LIEKKI team joining nLIGHT and excited about our combined capabilities and opportunities.”
About nLIGHT Corporation
nLIGHT is a privately held company established in 2000 that designs and manufactures industry leading high-power semiconductor lasers. nLIGHT delivers a broad range of product solutions to customers in industrial, medical, defense and consumer markets. nLIGHT has state-of-the-art manufacturing facilities in Vancouver, Washington, Hillsboro, Oregon, and Shanghai, China. nLIGHT has grown an average of 70% per year for the past five years and was named the fastest growing technology company in Washington State in Deloitte & Touche USA LLP’s Technology Fast 50 program for 2007. For more information, please visit: www.nLIGHT.net
About LIEKKI Corporation
LIEKKI Corporation designs, manufactures and markets specialty optical fibers and fiber subassemblies (optical engine modules) for fiber amplifiers and lasers using its proprietary Direct Nanoparticle Deposition technology. LIEKKI products are used in industrial, aerospace, medical, military and telecom applications. For more information, please visit: www.liekki.com
For more information, please contact
nLIGHT Corporation
Ms. Sabine Doms,
tel. +358 50 912 6955, email sabine.doms liekki.com
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