Bystronic Completes Acquisition of Coherent Corp.'s Tools for Materials Processing Business Unit

Marvell Technology Acquires Polariton Technologies

April 22, 2026

IT Services

Marvell Technology announced the acquisition of Polariton Technologies, a Swiss developer of high-speed, low-power plasmonics-based silicon photonics devices. The deal is intended to strengthen Marvell’s optical technology portfolio—especially modulation capabilities—for next-generation coherent and data center interconnect platforms.

Fonon Quantum Technologies Acquires Beamer Laser Marking Systems

April 3, 2025

Manufacturing

Fonon Quantum Technologies, Inc. (FQTI) has acquired Beamer Laser Marking Systems, a U.S.-based manufacturer of industrial fiber and CO2 laser marking equipment. Beamer will continue operations (manufacturing in Flushing, Michigan) while engineering will be strategically relocated/integrated with FQTI's Orlando, Florida operations to expand capabilities and market reach in industrial laser equipment.

Stratasys Acquires Covestro Additive Manufacturing Materials Business

April 5, 2023

Manufacturing

Stratasys has completed the acquisition of Covestro’s additive manufacturing materials business, including R&D facilities, global sales teams, an approximately 60-material portfolio, and an extensive IP portfolio. The deal strengthens Stratasys’ polymer additive manufacturing materials offering across stereolithography, DLP/P3, and powder bed fusion applications.

II-VI Incorporated to Acquire Coherent, Inc. in Cash-and-Stock Deal

July 1, 2022

Industrial Services

II-VI Incorporated entered into an acquisition of Coherent, Inc. in a cash-and-stock transaction valued at about $6.3 billion. Under the terms, each Coherent share was exchanged for $220.00 in cash and 0.91 shares of II-VI common stock, with the deal expected to close in Q4 2021 and subject to customary approvals. II-VI later announced the acquisition completed, forming a global leader in materials, networking, and lasers.

The Tranzonic Companies Acquires Assets of High-Tech Conversions, Inc.

July 31, 2020

Manufacturing

The Tranzonic Companies acquired the assets of High-Tech Conversions, Inc., a manufacturer of specialty wiping products and cleanroom supplies based in Enfield, Connecticut. The deal expands Tranzonic’s domestic converting and customization capabilities and is the third acquisition completed by the company since PNC's initial investment in 2018.

Resonetics Acquires Caribou Technologies

February 5, 2019

Manufacturing

Resonetics, a PE-backed contract manufacturer, has acquired Caribou Technologies, a Blaine, Minnesota-based supplier of centerless grinding, forming, coiling, machining and laser processing for the medical device industry. The deal expands Resonetics' manufacturing capabilities and adds capacity and expertise in neurovascular, structural heart and other interventional device markets.