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'' originated as an acronym for light amplification by stimulated emission of radi ...

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 The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

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 (, former German name: , ''FWB'') is the world's 3rd oldest and 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Located in Frankfurt, ...

under the ISIN US7750431022. The companies wide range of laser sources, including CO₂ lasers,

fiber laser A fiber laser (or fibre laser in Commonwealth English) is a laser in which the active gain medium is an optical fiber doped with rare-earth elements such as erbium, ytterbium, neodymium, dysprosium, praseodymium, thulium and holmium. They ar ...

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

History

The company was founded 1975 in

Hamburg Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-lar ...

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

Sanskrit Sanskrit (; stem form ; nominal singular , ,) is a classical language belonging to the Indo-Aryan languages, Indo-Aryan branch of the Indo-European languages. It arose in northwest South Asia after its predecessor languages had Trans-cultural ...

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