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IPG Photonics Buys Mobius Photonics

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3/13/2013 7:34 PM ET

IPG Photonics Corp. (IPGP: Quote) said Wednesday that it has acquired privately held Mobius Photonics to accelerate its entry into the UV laser market and deepen the company's development team.

Mountain View, California-based Mobius provides high-power pulsed UV fiber lasers for micromachining, such as dicing and scribing of wafers, and VIA drilling and solar hybrid panel processing.

In the acquisition, IPG acquired an exclusive license of U.S. Patent No. 5,745,284, an early and broad patent claiming pulsed fiber lasers with frequency conversion into UV light, as well as other Mobius patents, licenses and trade secrets.

The employees from Mobius will become part of the IPG Silicon Valley Technology Center. Mobius had revenue from operations of about $1.4 million for 2012.

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by RTT Staff Writer

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