Friday, November 14, 2014

ESI Buys Topwin Optoelectronics

Portland-based Electro Scientific Industries said Thursday afternoon that it has acquired Wuhan Topwin Optoelectronics Technology Co., Ltd, a developer of laser design and manufacturing systems based in China. Financial details of the deal were not disclosed. ESI said the buy will help expand its product portfolio, give it faster time to market, and also help to better reach customers in China. Topwin is based in Hubei Province.