33:
353:
Coherent purchased the German-based pulse laser company Lumera in 2012 for $ 52 million. Their lasers were primarily used in micromachining in industrial processes that use lasers to add very slight amounts of heat. In 2015, Coherent purchased
Raydiance, who made lasers used in automotive and medical
336:
By the 1990s, medical lasers accounted for half of
Coherent's revenues. In the mid-1990s, Coherent acquired Applied Laser Systems, ATx Telecom Systems, Inc., Uniphase Corporation, and 80 percent of Tutcore Oy, LTD. These acquired businesses formed Coherent's new semiconductor division. In July 1996,
301:
under the name
Coherent Radiation. Coherent was initially funded by the founders with $ 10,000 from their personal savings. They released the first commercially available carbon dioxide laser that year. The company made about $ 500,000 in sales its first year in operation, which grew to $ 6 million
275:
equipment and related specialty components. Coherent was founded in May 1966 by physicist James Hobart and five cofounders. It went public in 1970. Over time, Coherent acquired other laser businesses and expanded to lasers for different industries and applications. From 2004 to 2021, it grew from $
409:
in his roles at
Coherent. The Couillaud Prize is awarded to early-career professionals pursuing ultrafast laser research with an emphasis on solving real-world problems. The prize is a merit award of $ 20,500 with up to $ 5,000 in travel expense reimbursement to attend OSA scientific conferences.
380:
Coherent provides laser-related equipment, components, and services used for a range of industries and applications. It operates numerous subsidiaries that focus on specific applications like engraving, drilling, or soldering. It manufactures things like lenses, mirrors, diodes, laser measurement
324:
Coherent became the largest laser equipment and parts manufacturer in the world, but its operations were still unprofitable. After founder James Hobart delegated management of the company, Coherent experienced numerous problems with defective products, delayed deliveries, and poor manufacturing
349:
in manufacturing flat-panel televisions. John
Ambroseo became the CEO of Coherent in 2004. During his tenure, Coherent made a series of acquisitions that grew the company from $ 400 million to almost $ 2 billion in annual revenues. In 2006, Coherent acquired laser equipment manufacturer Excel
337:
Bernard
Couillaud was appointed chief executive officer and Hobart left the company the following year. Coherent then acquired a Palomar subsidiary focused on medical applications in April 1999 called Star Medical Technologies, Inc. for $ 65 million.
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Over time, Coherent expanded into lasers for consumer, medical, scientific, industrial, and other applications. In 1981, Coherent acquired the scientific division of
Germany-based Lambda Physik, a manufacturer of
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efficiency. As a result of these problems, Hobart returned to the CEO position in 1988. He restructured the company and trained staff in manufacturing processes that were popularized in Japan, such as
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and
Coherent Inc. partnered in 2017 to offer the annual Bernard J. Couillaud Prize, in honor of the former CEO of Coherent, who died in 2017. Couillaud, in collaboration with
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invested $ 250,000 in 1967 and other private investors put in an additional $ 250,000 the next year. Then, Coherent filed an initial public offering in 1970.
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competitor Rofin-Sinar for $ 942 million. Three years later, Coherent acquired
Germany-based O.R. Lasertechnologie, which produced lasers for
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800:
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Sources conflict on whether
Coherent was the very first. Founder James Hobart asserted the first commercial laser was actually created by
145:
513:
401:, developed the Hansch-Couillaud technique for laser frequency stabilization, and was instrumental in the development of dye,
321:. The following year, it acquired Germany-based Laser-Optronic GmbH and created a joint venture with Miyama and Co. in Japan.
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488:"II-VI Incorporated Completes the Acquisition of Coherent, Forming a Global Leader in Materials, Networking, and Lasers"
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650:
LEOMA and the US laser industry : the good and bad moves for trade associations in emerging high-tech industries
333:. As a result of these changes, Coherent's productivity improved 60 percent, while its costs decreased 58 percent.
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400 million to almost $ 2 billion in revenues, in part through a series of acquisitions. In 2022,
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manufacturing, for $ 9.3 million. In early 2016, Coherent agreed to acquire the Germany-based
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971:"Laser frequency stabilization by polarization spectroscopy of a reflecting reference cavity"
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completed the acquisition of Coherent Inc., with the combined company named Coherent Corp.
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Clark, Robert (February 1983). "Tangents: Coherent: Taking Command on Many Fronts".
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In 2003, Coherent acquired Lambda Physik, which created ultraviolet lasers used in
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394:
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652:. Piscataway, NJ: Hoboken, New Jersey IEEE Press, John Wiley & Sons.
774:"Coherent extends ultrafast expansion with $ 52M Lumera Laser buy-out"
57:
19:
Coherent, Inc. was acquired in 2022. For the combined company, see
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509:"II-VI completes acquisition of Coherent, will take on new name"
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equipment, industrial lasers, and lasers used in research labs.
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by 1970, after Coherent released its second generation product.
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is an American company that develops, manufactures and supports
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Coherent, Inc. 10-K For the Fiscal Year Ended October 3, 2020
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Coherent, Inc. was founded in May 1966 by six engineers in
243:
879:"Coherent buys OR Laser for AM systems, expands in Lübeck"
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Technology companies based in the San Francisco Bay Area
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A different source claims $ 5 million rather than $ 9.3.
826:"Coherent Increases Profits, Acquires 2 Firms in 2015"
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Defunct semiconductor companies of the United States
365:Andreas W. Mattes was appointed CEO in April 2020.
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583:. Vol. 31. St. James Press. pp. 122–126.
969:Hansch, T. W.; Couillaud, B. (1 December 1980).
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535:: CS1 maint: bot: original URL status unknown (
853:"Coherent to Buy Rofin-Sinar for $ 942 Million"
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1025:Historical business data for Coherent, Inc.:
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517:. Archived from the original on 5 July 2022
426:Sources conflict on the number of founders.
1062:Companies based in Santa Clara, California
280:acquired Coherent, Inc. and took the name
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24:
1072:Electronics companies established in 1966
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745:"Coherent CEO Ambroseo retiring by 2021"
1087:Companies formerly listed on the Nasdaq
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1067:American companies established in 1966
778:optics.org - The Business of Photonics
749:Optics.org - The Business of Photonics
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68:Industrial and fiber laser equipment
929:Fisher, Lawrence (April 12, 1986).
799:Quackenbush, Jeff (July 31, 2015).
692:Bromberg, Joan (January 20, 1984),
851:Beckerman, Josh (March 16, 2016).
14:
1077:1966 establishments in California
908:Coherent Website's Products List
801:"Raydiance acquired by Coherent"
1092:American corporate subsidiaries
877:Holton, Conard (May 29, 2018).
700:, American Institute of Physics
617:The Laser in America, 1950-1970
514:American City Business Journals
403:diode-pumped solid-state lasers
256:Footnotes / references
1097:1970s initial public offerings
805:The North Bay Business Journal
496:(Press release). July 1, 2022.
385:The Bernard J. Couillaud Prize
350:Technology for $ 376 million.
1:
1082:2022 mergers and acquisitions
507:Doughty, Nate (1 July 2022).
331:continual improvement process
996:10.1016/0030-4018(80)90069-3
956:"Bernard J. Couillaud Prize"
931:"The Missing Boom in Lasers"
228:Coherent Semiconductor Group
175:US$ 1.83 billion (2020)
163:US$ -414 million (2020)
187:US$ 927 million (2020)
151:US$ 411 million (2020)
78:; 58 years ago
16:American technology company
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620:. MIT Press. p. 176.
327:just-in-time manufacturing
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293:Origins and early funding
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857:The Wall Street Journal
698:Oral History Interviews
614:Bromberg, J.L. (1991).
269:Santa Clara, California
108:Santa Clara, California
958:. The Optical Society.
360:additive manufacturing
231:Coherent Lambda Physik
975:Optics Communications
376:Products and services
299:Palo Alto, California
222:Coherent Auburn Group
89:Palo Alto, California
577:Grant, Tina (2000).
356:materials processing
225:Coherent Laser Group
987:1980OptCo..35..441H
780:. December 21, 2012
267:, headquartered in
193:Number of employees
121:Andreas W. Mattes (
27:
935:The New York Times
911:, December 3, 2020
832:. November 5, 2015
407:Ti-sapphire lasers
370:II-VI Incorporated
278:II-VI Incorporated
208:II-VI Incorporated
883:Laser Focus World
724:. pp. 91–92.
722:Photonics spectra
659:978-1-118-01024-2
627:978-0-262-02318-4
399:Theodor W. Hänsch
288:Corporate history
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197:4,875 (2020)
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182:Total equity
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137:1.23 billion
103:Headquarters
98:James Hobart
40:Company type
1029:SEC filings
940:December 4,
915:December 9,
888:December 9,
862:December 9,
836:December 3,
810:December 9,
784:December 9,
755:December 9,
633:December 4,
597:|work=
437:PerkinElmer
395:Nobel Prize
60:: COHR
1041:Categories
455:References
158:Net income
117:Key people
44:Subsidiary
668:893974550
599:ignored (
589:cite book
397:Laureate
347:annealing
246:.coherent
52:Traded as
531:cite web
65:Industry
983:Bibcode
239:Website
130:Revenue
95:Founder
81: (
73:Founded
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521:6 July
405:, and
203:Parent
110:, U.S.
58:Nasdaq
414:Notes
341:2000s
273:laser
87:, in
942:2020
917:2020
890:2020
864:2020
838:2020
812:2020
786:2020
757:2020
664:OCLC
654:ISBN
635:2020
622:ISBN
601:help
537:link
523:2022
389:The
329:and
248:.com
135:US$
83:1966
76:1966
991:doi
244:www
123:CEO
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
