V-Gen
Fiber-laser Systems Manufacturer
Company Overview
Snapshot
Founded in November 1997, V-Gen operated with 11–50 employees, specializing in fiber-laser systems. The company was acquired by Newport Corporation in August 2014, marking a significant exit in the industrial technologies sector.
Business overview
V-Gen develops, manufactures, and markets innovative fiber-laser systems for a diverse range of industrial and medical applications. The company's core technology includes pulsed Ytterbium fiber-lasers for marking and micro-machining, as well as short pulse versions for LIDAR and range-finding. In the medical field, V-Gen provides diode lasers for photodynamic therapy (PDT), serving the Industrial Technologies sector with a focus on sensing and laser technologies for industrial manufacturing and medical devices industries.
Strategic signal
V-Gen's acquisition by Newport Corporation in August 2014 for an estimated $15 to $20 million highlighted the strategic value of its fiber-laser technology. This event underscored the growing consolidation within the industrial and medical laser systems market, signaling to investors the potential for strong exit opportunities for companies with specialized photonics solutions.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate milestone for V-Gen?
- V-Gen was acquired by Newport Corporation in August 2014, which marked a key exit for the company in the industrial technologies sector.
- What type of products does V-Gen develop for industrial applications?
- V-Gen develops and manufactures pulsed Ytterbium fiber-lasers for industrial applications such as marking and micro-machining, with short pulse versions used in LIDAR and range-finding.
- What is V-Gen's offering in the medical field?
- In the medical field, V-Gen develops and manufactures diode lasers specifically for photodynamic therapy (PDT).
- When was V-Gen founded?
- V-Gen was founded in November 1997.
- What was the reported acquisition value of V-Gen?
- News reports from October 2015 indicated that Newport Corporation acquired V-Gen for an estimated $15 to $20 million.