Andritz AG signed an agreement to acquire 50.1% stake in Powerlase Photonics Limited.
April 17, 2017
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Andritz AG (WBAG:ANDR) signed an agreement to acquire 50.1% stake in Powerlase Photonics Limited on April 18, 2017. Powerlase Photonics Limited will be renamed to Andritz Powerlase and will be based in Crawley, UK.
EO Technics Co., Ltd. is a Korea-based company mainly engaged in the manufacture and distribution of semiconductor laser markers and laser application equipment. The Companyâs main offerings are laser markers, which are used to record information like date, name and sorts on the surface of wafers, inside of flat panel displays (FPDs) and other materials. It also provides laser cutters, laser drillers, laser trimmers, laser patterning machines and others, which are applied in the printed circuit board (PCB), secure digital (SD) memory cards and others. In addition, it imports and sells optical products, laser source gases and others, as well as PCB laser tall processing services. The Company distributes its products within domestic market and to overseas markets.
EO TECHNICS CO., LTD. 
