Optigrate: IPG Photonics Announces Acquisition of OptiGrate Corporation

OXFORD, Mass., May 23, 2017 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ:IPGP) today announced that it has acquired OptiGrate Corporation, a pioneer and leading manufacturer of the highest-quality chirped volume Bragg grating (VBG) technologies. OptiGrate VBG-based components enable dramatic performance improvement, miniaturization and cost reduction of ultrafast pulsed lasers for micro materials processing, medical and other applications. OptiGrate is a supplier to IPG, and as this relationship has deepened, the companies determined that there was a strong mutual benefit to joining together."As the technology leader in volume Bragg gratings and thermo-refractive glass, OptiGrate will help IPG develop new leading-edge ...Full story available on Benzinga.com