IPG Photonics

IPG Photonics Corporation, founded in 1990 and headquartered in Oxford, Massachusetts, develops and manufactures high-performance fiber lasers, fiber amplifiers, and diode lasers for various applications across multiple industries. The company's extensive product range includes low, medium, and high-power lasers, which are primarily utilized in materials processing, telecommunications, and medical applications. IPG's fiber lasers are particularly effective in cutting, welding, marking, and micro-processing, often displacing traditional technologies. The company serves original equipment manufacturers, system integrators, and end users, marketing its products through a direct sales force as well as agreements with independent sales representatives and distributors. With a significant portion of its revenue generated in China, IPG also maintains a presence in North America, Japan, Germany, and other markets, contributing to its status as a leader in the fiber laser industry.

Catherine Lego

Board Member, Chairman of the Compensation Committee and Member of the Audit Committee

9 past transactions

Clean-Laser

Acquisition in 2024
Clean-Laser is developed, produces, and implements precision laser systems for industrial surface processing.

Padtec - Submarine Networks Division

Acquisition in 2019
Padtec - Submarine Networks Division (SND) is a provider of submarine networking technologies, including optical line amplifiers (repeaters), as well as project planning, management, and execution services. Padtec SND's innovative undersea repeater technology and flexible business model align with the technical and business requirements of next-generation data center and Internet technology companies that are increasingly deploying submarine cable networks worldwide.

Genesis Systems Group

Acquisition in 2018
Genesis Systems Group, LLC is an industrial automation company that specializes in designing, building, and implementing robotic systems for various applications, including arc welding, assembly automation, and material handling. Founded in 1983 and based in Davenport, Iowa, with a customer support center in Rochester Hills, Michigan, the company offers a range of solutions tailored for factory automation, focusing on robotic assembly and handling systems for welded, mechanical, and adhesive processes. Its product offerings include systems for welding, thermal cutting, material removal, inspection, and assembly, as well as training services. Genesis Systems Group serves diverse sectors, including the automotive industry, aerospace, and heavy machinery, producing equipment for applications such as automobiles, construction machinery, office furniture, and recreational vehicles. The company operates both domestically and internationally, catering to contract manufacturers and various industries in North America and beyond.

Laser Depth Dynamics

Acquisition in 2017
Laser Depth Dynamics is a pioneering provider of in-process quality monitoring and control solutions specifically for laser-based welding applications. The company has developed proprietary inline coherent imaging technology, which is the first industrial solution capable of directly measuring weld penetration depth with high precision and in real time. By integrating a near-infrared measurement beam into the welding head, Laser Depth Dynamics enables industrial manufacturers to achieve direct, geometric measurements during the welding process. This innovative approach allows for enhanced process development, increased productivity, and cost reduction, making it a valuable asset for manufacturers engaged in laser welding.

Innovative Laser Technologies

Acquisition in 2017
Innovative Laser Technologies Inc. specializes in the design and manufacturing of customized laser workstations for high-precision applications, including welding, cutting, marking, drilling, cladding, and material ablation. Founded in 1998 and based in Minneapolis, Minnesota, the company serves a diverse range of industries, such as medical, automotive, aerospace, and electronics. Innovative Laser Technologies is recognized as a leader in laser integration, focusing on the seamless incorporation of laser components, motion control devices, and advanced software systems to create precision manufacturing solutions. The company boasts a highly skilled team with extensive expertise in laser physics, optics, and engineering, ensuring the delivery of reliable and effective laser systems that meet the specific needs of its clients.

Optigrate

Acquisition in 2017
OptiGrate Corporation, founded in 1999 and based in Oviedo, Florida, specializes in the manufacturing and marketing of advanced optical filters and components. The company is a pioneer in chirped volume Bragg grating (VBG) technologies, which enhance the performance, miniaturization, and cost-effectiveness of ultrafast pulsed lasers used in micro-material processing and medical applications. OptiGrate's VBG-based components include a range of transmitting, reflecting, and chirped volume Bragg gratings, allowing businesses to achieve significant improvements in laser efficiency. The company's strategic partnership with IPG Photonics Corporation has fostered a collaborative relationship, further enhancing their technological advancements and market offerings.

Menara Networks

Acquisition in 2016
Menara Networks, Inc. is a developer of products and solutions designed for layered optical transport networks, focusing on IP/Ethernet transport solutions. The company's product portfolio includes DWDM Tunable SFP+ transceivers, which support multiple channels with software-selectable control, along with Tunable XFP transceivers that are compatible with open DWDM line systems. Additionally, Menara offers CWDM SFP+ and SFP transceivers that enhance transport capacity over a single fiber, as well as Tunable Duo Binary DWDM CFP transceivers for metro transport solutions. The company's offerings aim to simplify optical network architectures, providing robust performance with fewer network elements. Menara Networks serves clients in central offices and data centers globally, delivering protocol-agnostic transport solutions that enhance Ethernet services demarcation. Founded in 2003 and headquartered in Dallas, Texas, Menara Networks operates as a subsidiary of IPG Photonics Corporation.

Mobius Photonics

Acquisition in 2013
Mobius Photonics is a company specializing in the design, development, and manufacture of fiber lasers and amplifiers tailored for semiconductor applications. Based in the United States, Mobius Photonics focuses on producing high-power pulsed UV fiber lasers and amplifiers, as well as solar hybrid panel processing equipment. Their products cater to both scientific and industrial markets, providing advanced solutions for various technological needs.

JPSA

Acquisition in 2012
JPSA is a leading supplier of industrial grade UV excimer, DPSS, and Pico-second laser micromachining systems and materials processing services to customers worldwide.
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