Hamamatsu Deutschland has purchased a minority stake in Menlo Systems GmbH. With almost no overlap in the companies' product lines, both firms anticipate that the purchase will lead to new applications and markets.
Menlo Systems is a developer for optical frequency combs, ultra-stable lasers, femtosecond lasers and terahertz solutions. The company was founded in 2001 as a spin-off from the Max-Planck-Institute for Quantum Optics.
Dr Reinhold Guth, managing director of Hamamatsu Deutschland, said: 'We are excited about this creating an opportunity to collaborate with Menlo Systems to develop measuring and spectroscopic systems that can be utilised by our OEM customers.'
Dr Michael Mei, CEO of Menlo Systems, emphasised that 'the worldwide reach of Hamamatsu will allow us to bring our Nobel prize inspired technology to a much wider customer base. It is now possible for us to develop optical engines that can serve both our end users and manufacturers of complex systems.'
Alex Cable, a co-founder of Menlo Systems who has increased his ownership in the company by an undiclosed amount, said: 'The addition of Hamamatsu to the Menlo Systems family substantiates his belief that Menlo has the best technology and the right products to serve several growing markets.'