nLight, a manufacturer of high-power semiconductor lasers, announced the closure of the definitive agreement to acquire specialty fiber manufacturer Liekki, based in Lohja, Finland. Further terms of the acquisition were not disclosed.
"While the acquisition officially closed on November 9th, we have already been actively working with the Liekki team to integrate them into the nLight strategy, organization, and future plans. Liekki's Direct Nanoparticle Deposition (DND) fiber technology process gives us a unique capability, which allows us to better serve our customers," stated Scott Keeney, nLight's president and CEO. "We are delighted to have the Liekki team joining nLight and are excited about our combined capabilities and opportunities."