Wednesday, August 3, 2011
Newport Corporation Completes High Q Technologies Buy
Irvine-based Newport Corporation said Tuesday that it has completed its acquisition of High Q Technologies GmbH, a developer and manufacturer of lasers. Financial details of the acquisition were not disclosed. Newport said it expects High Q to have revenues in 2011 of approximately $20M. High Q is a developer of femtosecond lasers used for surgical procedures.