IPG Photonics Completes Acquisition of CleanLASER
IPG Photonics Corporation (IPGP)
Last ipg photonics corporation earnings: 2/13 08:00 am
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Source: GlobeNewswire
MARLBOROUGH, Mass., Dec. 02, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that it has completed its acquisition of Clean-Lasersysteme GmbH (cleanLASER), a leader in laser cleaning systems. The purchase of cleanLaser strengthens IPG’s global position in high-precision laser systems for cleaning applications by bringing additional know-how, complementary market exposure, and product and technology synergies. “The acquisition of cleanLaser aligns with IPG's strategic focus on expanding into promising new markets and applications. This move further differentiates our business by enhancing our ability to deliver comprehensive solutions that provide customers with cost-effective and environmentally sustainable alternatives to traditional industrial processes,” said Dr. Mark Gitin IPG Photonics’ Chief Executive Officer. “On behalf of the entire IPG team I want to welcome the cleanLaser team to IPG Photonics and look forward to working closely with them
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News
- The past three years for IPG Photonics (NASDAQ:IPGP) investors has not been profitable [Yahoo! Finance]Yahoo! Finance
- Laser Cutting Machines Market Size to Surpass US$ 12.65 Billion by 2032 | Research by SNS Insider [Yahoo! Finance]Yahoo! Finance
- IPG Photonics Co. (NASDAQ: IPGP) was downgraded by analysts at Northcoast Research from a "buy" rating to a "neutral" rating.MarketBeat
- IPG Photonics Completes Acquisition of CleanLASER [Yahoo! Finance]Yahoo! Finance
- Why Is IPG (IPGP) Down 7.2% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
IPGP
Earnings
- 10/29/24 - Beat
IPGP
Sec Filings
- 12/5/24 - Form 4
- 11/25/24 - Form 4
- 10/29/24 - Form 10-Q
- IPGP's page on the SEC website