nLight has acquired a majority interest in semiconductor laser supplier Optotools.
Optotools, established in 2001 and located in Heilbronn, Germany is a supplier of high-power semiconductor lasers for industrial customers. The established Optotools product line will remain and new, integrated products will be introduced in the next 12 months.
Zukunftsfonds Heilbronn & Co. (ZFHN) will remain as investor and business partner, and Frank Pfeffer will continue as managing director of Optotools.