Newport to buy Spectra-Physics for $300M

“This unique combination brings together what we believe are the technology leader in lasers and the technology leader in photonics instrumentation, motion control and automation to create a photonics industry powerhouse. The combined company will become the premier global resource for customers who need to make, manage and measure light,” says Robert G. Deuster, chairman and chief executive officer. “The new Newport will have an integrated technology mix that will allow us to better serve many of the world’s fastest-growing markets.”

(June 1, 2004) San Jose, Calif.&#8212Worldwide sales of semiconductors rose to $16.94 billion in April, a sequential increase of 4.1 percent from the $16.28 billion reported in March, and a 36.6 percent increase from April 2003, according to the Semiconductor Industry Association (SIA). April is traditionally a strong month for semiconductor sales.


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