EOT Acquires Laser Crystal Supplier FEE GmbHNews

EOT Acquires Laser Crystal Supplier FEE GmbH

source：Photonics

release：Nick

Time：2018-09-19

TRAVERSE CITY, Mich., Sept. 18, 2018 — Electro-Optics Technology Inc. (EOT) has announced the recent acquisition of Forschungsinstitut für mineralische und metallische Werkstoffe, Edelsteine/Edelmetalle GmbH (FEE), a supplier of specialized laser crystals located in Idar-Oberstein, Germany. The new subsidiary will be known as FEE GmbH — a division of EOT.

EOT is a manufacturer of optical components and diagnostic equipment for high-power laser systems. FEE is a supplier of optical crystals used by manufacturers of advanced laser systems worldwide.

FEE’s expertise in producing laser crystal mediums will enhance EOT’s ability to deliver high-quality laser components to manufacturers and users of high-power laser systems, enabling its customers to quickly address the many new applications driving the laser industry.

This acquisition will provide EOT and FEE with complementary technology and products that will enhance both companies’ core business as well as support future growth.

EOT is committed to supporting the ongoing crystal development programs at FEE and enabling FEE to continue and expand its current development efforts. EOT intends to make the necessary investments in the staff, facilities, and equipment at FEE as required to address long-term growth and stability at FEE.