Newport Corporation - NEWP- Profile

Newport Corporation. The Group's principal activities are to supply advanced technology lasers, components, instruments, subsystems and systems to markets where high-precision, efficient manufacturing, test, measurement and assembly are critical. The Group also provides high-performance lasers, components, instruments and subsystems to commercial, academic and governmental research institutions worldwide. The Group operates in two segments: Lasers & Photonics & Precision Technologies. Lasers Division offers laser technology products and services with diverse applications to OEM and end-user customers in the scientific research, microelectronics, life and health sciences and industrial manufacturing markets. Photonics and Precision Technologies Division's products and systems are used across a wide range of markets in applications that range from basic research and development activities to high-precision manufacturing.In Nov-2006 The Group acquired Picarro Inc and Picarro Canada Inc. Photonics & Precision Technologies accounted for 58% of 2005 revenues; Lasers, 42%