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IPG Photonics Corporation has acquired OptiGrate Corporation, a pioneer and leading manufacturer of the highest-quality chirped Volume Bragg Grating (VBG) technologies. OptiGrate's VBG-based components are known for enabling performance improvement, miniaturization and cost reduction of ultrafast pulsed lasers for micro materials processing, medical and other applications. The terms of the acquisition were not disclosed.
As one of the technology leader in volume Bragg gratings and thermo-refractive glass, OptiGrate will help IPG develop new leading-edge solutions and improve current products and components. IPG is intensely focused on advancing the use of lasers around the world and the technology used in them. As such, the acquisition completes IPG’s internal set of core components for revolutionary new ultrafast pulsed laser product lines that they are introducing to the market.
OptiGrate was founded in 1999 by Dr. Leonid Glebov, Research Professor of Optics and Photonics at University of Central Florida, which licenses certain technology to OptiGrate. OptiGrate’s President and General Manager, Dr. Alexei Glebov, and CTO, Mr. Vadim Smirnov will continue to run the business. IPG anticipates that OptiGrate’s operational location will remain in Oviedo, FL, and that current employees will continue with the company, enabling further growth and innovation. IPG intends to support and honor all existing customer commitments while further expanding the market for OptiGrate’s products.