Business News
Domino Enters Solid State Laser Market With Acquisition Of Photon Energy GmbH
Monday 30. June 2008 - Domino Printing Sciences plc, global leader in coding, marking and traceability solutions, has today announced the acquisition of solid state laser marking specialist Photon Energy GmbH and its subsidiary, NWL Lasertechnologie GmbH, for a price of EUR4 million.
Based in Ottensoos, Germany, both companies are active in the field of solid-state laser marking technologies, i.e. Nd:YAG, Vanadate & Fibre lasers, which are used in plastic and metal parts marking and surface decoration applications.
As a pioneer of easy-to-use laser marking systems, Photon Energy and NWL bring almost 20 years of industrial experience to Domino, where they will continue to be led by Dr. Hans Amler, currently General Manager of both companies.
The Photon Energy product range incorporates leading edge laser source technology for solid-state lasers, operating at a wavelength of 1 micron (1064nm) and derivatives (e.g. 532nm). Maximum flexibility for the end user or integrator is afforded by a choice of power variants and options to specify compact stand-alone lasers or complete systems in standard industrial housings. Photon Energy products are used widely in the manufacturing sector, with an installed base incorporating leading names such as Siemens, MTU Aircraft Engines, General Motors and BMW.
Nigel Bond, Domino’s Group Managing Director, commented, “We have made this acquisition to address the growing demand from our customer base for solid state laser systems and to expand Domino’s reach into the automotive, aircraft, electronic, tool and medical sectors currently served by the Photon Group.
“The acquisition is a logical extension of our existing CO2 laser business which principally serves the coding and marking requirements of the food, beverage, pharmaceutical and tobacco sectors,” affirms Mr. Bond.