December 4, 2017

IPG Photonics acquires Canada-based laser equipment company

Photo/Matt Pilon
The Oxford headquarters of IPG Photonics.

IPG Photonics Corp. has acquired a laser-based welding equipment maker, the Oxford laser equipment supplier announced Monday.

In a press release, IPG Photonics praised the inline coherent imaging of Canada-based Laser Depth Dynamics (LDD), which allows precise direct measurement of weld penetration depth via a near-infrared measurement beam on the welding head.

The technology, IPG said, offers superior accuracy, speed and cost-efficient performance.

Terms of the acquisition were not disclosed in a Monday morning press release, but IPG said LDD has 16 employees and its Kingston, Ontario location will become IPG's new center of product development for weld monitoring solutions.

Although IPG intends to expand the market for LDD's products through IPG's international connections, the company said it will honor all existing customer commitments.

Comments

Type your comment here:

Today's Poll How often would you use Worcester's airport to travel to New York City?<>
ADVERTISEMENTS
Most Popular on Facebook
Copyright 2017 New England Business Media