The US based company ROFIN-SINAR Technologies Inc. develops, manufactures and sells

laser A laser is a device that emits light through a process of optical amplification based on the stimulated emission of electromagnetic radiation. The word "laser" is an acronym for "light amplification by stimulated emission of radiation". The fi ...

sources and laser-based solutions for industrial material processing. On 7 November 2016, the company was acquired by Coherent Inc. From 1996 to November 2016, ROFIN-SINAR Technologies’ shares have been traded on the NASDAQ Stock Exchange. In addition, in July 2001, RSTI was listed on the German "Prime Standard" segment of the

Frankfurt Stock Exchange The Frankfurt Stock Exchange (german: link=no, Börse Frankfurt, former German name – FWB) is the world's 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Loca ...

under the ISIN US7750431022. The companies wide range of laser sources, including

CO2 laser The carbon-dioxide laser (CO2 laser) was one of the earliest gas lasers to be developed. It was invented by Kumar Patel of Bell Labs in 1964 and is still one of the most useful types of laser. Carbon-dioxide lasers are the highest-power continuo ...

s, fiber lasers, solid-state, diode and various q-switch lasers are now available at Coherent.

History

The company was founded 1975 in

Hamburg (male), (female) en, Hamburger(s), Hamburgian(s) , timezone1 = Central (CET) , utc_offset1 = +1 , timezone1_DST = Central (CEST) , utc_offset1_DST = +2 , postal ...

, Germany as "SINAR Laser Systeme Verkaufsgesellschaft mbH". Sinar is the

Sanskrit Sanskrit (; attributively , ; nominally , , ) is a classical language belonging to the Indo-Aryan branch of the Indo-European languages. It arose in South Asia after its predecessor languages had diffused there from the northwest in the late ...

for "beam of light", but this name was already used by a Swiss manufacturer of cameras. By taking over the British enterprise Rofin, the company changed its name to ROFIN-SINAR Laser GmbH. In 2015, Rofin came under significant pressure by an investor, SilverArrow Capital, to exchange the companies independent directors based on questions on compliance and below average management performance. SilverArrow, a London-based activist investment firm and one of the largest shareholders of the company, claimed in various public letters that the company was lacking an adequate growth strategy and had missed market opportunities for years. Before the shareholders could have a final vote on the claim in the upcoming Annual General Meeting the company announced it was being acquired by a competitor company, Coherent Inc.

References

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External links

ROFIN WebsiteCoherent Website
Manufacturing companies based in Hamburg Electronics companies of Germany Engineering companies of Germany Tool manufacturing companies of Germany