Oregon company buys Arbor Photonics
Ann Arbor-based laser technology company Arbor Photonics has been targeted for acquisition by advanced laser manufacturer nLight Corp. ion Oregon. Excerpt: "Following the deal, Keeney said nLight will retain a small office in Ann Arbor, Mich. The companies did not disclose terms of the sale, but nLight reported in an regulatory filing last week that it had raised $3 million in conjunction with an acquisition. Keeney said this morning that filing presents an incomplete picture of the deal." Read the rest here.
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