M&A Deal Summary

Coherent Acquires Stockeryale - North American Operations

On October 14, 2009, Coherent acquired semiconductors company Stockeryale - North American Operations from ProPhotonix for 15M USD

Acquisition Highlights
  • This is Coherent’s 1st transaction in the Semiconductors sector.
  • This is Coherent’s 4th largest (disclosed) transaction.
  • This is Coherent’s 4th transaction in the United States.
  • This is Coherent’s 1st transaction in New Hampshire.

M&A Deal Summary
Date 2009-10-14
Target Stockeryale - North American Operations
Sector Semiconductors
Buyer(s) Coherent
Sellers(s) ProPhotonix
Deal Type Divestiture
Deal Value 15M USD

Target

Stockeryale - North American Operations

Salem, New Hampshire, United States
Stockeryale - North American Operations a laser module product line and specialty fiber product line business.

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Buyer(S) 1

Buyer

Coherent

Santa Clara, California, United States

website

Category Company
Founded 1966
Sector Test/Measurement Equipment
Revenue 1.2B USD (2020)
DESCRIPTION
Entrance to Coherent's corporate headquarters in Santa Clara, California.
Entrance to Coherent's corporate headquarters in Santa Clara, California.

Coherent is a supplier of photonics-based solutions for a broad range of commercial and scientific research applications. Coherent designs, manufactures, services, and markets lasers and related accessories for a diverse group of customers. Coherent was formed in 1966 and is based in Santa Clara, California.

DEAL STATS #
Overall 5 of 10
Sector (Semiconductors) 1 of 1
Type (Divestiture) 1 of 1
State (New Hampshire) 1 of 1
Country (United States) 4 of 7
Year (2009) 1 of 1
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-24 Nuvonyx

Saint Louis, Missouri, United States

Nuvonyx, Inc., is a technology provider in high-power laser diode components, arrays, and industrial laser systems for materials processing and defense applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-03 Beam Dynamics

San Carlos, California, United States

Beam Dynamics, Inc., is a industrial grade laser machine tools that have compelling price/performance characteristics. Their laser machining tools are used in a variety of cutting applications including plastics, fabric, leather, rubber, metal, ceramics and wood

Buy $6M

Seller(S) 1

SELLER

ProPhotonix

Salem, New Hampshire, United States

website

Category Company
Founded 1951
Sector Manufacturing
Employees91
Revenue 14M USD (2020)
DESCRIPTION

ProPhotonix is a designer and manufacturer of light emitting diode (LED) systems and laser modules, as well as distributes laser diodes. ProPhotonix was founded in 1951 and is based in Salem, New Hampshire.

DEAL STATS #
Overall 1 of 1
Sector (Semiconductors) 1 of 1
Type (Divestiture) 1 of 1
State (New Hampshire) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-31 Photonic Products

Hatfield Broad Oak, United Kingdom

Photonic Products Ltd. is a provider of laser diode modules and laser diodes for industrial, medical and scientific markets.

Buy -
Mergr

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