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TRUMPF and Jenoptik Establish Partnership in High-Performance Diode Laser Sector
Munich, Germany (ots) -
- TRUMPF GmbH + Co. KG Acquires 25.1 Percent Share in JENOPTIK Laserdiode GmbH - Cooperative Relationship to Develop New Areas of Application for High-Performance Diode Lasers in Industry
The technology group JENOPTIK AG (German securities number 622910) and the TRUMPF Group, world market leader for industrial lasers, have entered into a cooperative relationship in the high-performance diode laser sector, aimed at joint further development of high-performance diode laser technology for industrial applications. Retroactively as of January 1, 2001, TRUMPF is acquiring a 25.1 percent share of JENOPTIK Laserdiode GmbH, a company in the Jenoptik Photonics division. Until now, JENOPTIK Laserdiode GmbH was 100-percent owned by JENOPTIK, Laser, Optik, Systeme GmbH in Jena. The remaining 74.9 percent remains with the laser and optic specialist from Jena, Germany.
Partnership Leading to New Areas of Application for High-Performance Diode Lasers
JENOPTIK Laserdiode GmbH (JOLD) develops, produces and distributes high-performance diode lasers. These high-performance diode lasers are being utilized by TRUMPF as pump sources in the solid-state lasers manufactured by its subsidiary HAAS-LASER.
"Two companies, each market leaders in their respective fields, have joined forces here. The interplay between diode manufacture and industrial application will quickly lead to innovative approaches and new spheres of application," said Professor Dr. H.C. Lothar Spaeth, chairman of the board, JENOPTIK AG, at the joint press conference in Munich on Tuesday.
Spaeth added that for Jenoptik, this partnership was a logical extension of its strategy to work closely together with the technological and market leaders of different business sectors. "After ASML in the high-performance optics sector and Heidelberger Druckmaschinen AG in the digital camera sector, we have now gained a third powerful partner in TRUMPF," Späth said.
Powerful Growth in High-Performance Diode Lasers
Lasers in industrial production are a key technology, the economic importance of which greatly exceeds its direct sales figures. This growth sector is characterized by innovation and dynamics: "This acquisition will enable TRUMPF to cooperate in a technology that is important for TRUMPF lasers. Because of their compactness and high degree of efficiency, high-performance diode lasers have highly promising future prospects. Diode laser technology has enormous growth potential - and as such is important for the continued development of TRUMPF as world market leader for industrial lasers," said Professor Berthold Leibinger, managing partner of the TRUMPF Group.
Because of the strong market growth in the high-performance diode laser sector, Jenoptik is investing around 11 million euros in a new clean-room building at its Jena site, including production machinery for the mass production of high-performance diode lasers. Production is due to begin as early as this year. For fiscal year 2001 JENOPTIK Laserdiode GmbH is planning to increase its sales by more than 50 percent on the previous year. In fiscal year 2000 the company's 33 employees achieved sales of 7 million euros.
Company Profile: The TRUMPF Group (www.trumpf.com)
TRUMPF is world market leader for lasers in industrial production technology and one of the largest producers of fabricating machinery worldwide. The TRUMPF Group comprises 34 subsidiaries and affiliates in 22 countries. Production takes place in Germany, France, Austria, Switzerland, Taiwan and the United States. At present the Group has more than 5,000 employees, and in fiscal year 1999/2000 (June, 30) it achieved sales of 1.01 billion euros. For the current fiscal year 2001/2001 sales of 1.1 billion euros are expected.
Company profile: JENOPTIK Laserdiode GmbH (www.jold.de)
The firm of JENOPTIK Laserdiode GmbH develops, manufactures and distributes high-performance diode lasers. This entirely new kind of laser light features a high degree of efficiency from a very small volume. It is primarily utilized as an excitation source for solid-state lasers, and serves as a direct light source in medical technology and material processing. The company has been a member of the Jenoptik Group since 1993. As a subsidiary of JENOPTIK Laser, Optik, Systeme GmbH, the firm of JENOPTIK Laserdiode GmbH belongs to the Photonics division of the technology group (www.jenoptik-los.de).
JENOPTIK AG (German securities number 622910) is a technology group active worldwide, based in Jena, Germany. It concentrates on the high-growth divisions Clean Systems Technologies, Photonics Technologies and Asset Management. In fiscal 2000 the Jenoptik Group achieved sales of 1.57 billion euros. Its annual net profit for 2000 totaled 86.6 million euros. Jenoptik maintains a presence in over 20 countries, and has 6,146 employees worldwide.
ots Originaltext: TRUMPF GmbH + Co. KG
TRUMPF GmbH + Co. KG
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