ELECTRO Scientific Industries Inc. (Nasdaq: ESIO) has completed the acquisition of Topwin Optoelectronics, a Wuhan, China-based innovative laser design and manufacturing systems company.
The acquisition will boost ESI’s ability to design, build, and sell into the China market, allowing the company to penetrate the country’s growing industry for laser microfabrication tools.
ESI will leverage Topwin’s design and manufacturing expertise, and deep understanding of the China market while fortifying its own technology and customer service infrastructure.
Portland, Oregon-based ESI is a leading supplier of innovative laser-based manufacturing solutions for the microtechnology industry with global operations from the Pacific Northwest to the Pacific Rim. It offers laser-based manufacturing solutions that feature the micromachining industry’s highest precision and speed at the lowest total cost of ownership.
The company’s integrated solutions enable industrial designers and process engineers to control the power of laser light to transform materials for use in cutting-edge consumer electronics, wearable devices, semiconductor circuits, and high-precision components.
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