Founded in 1966, Coherent has production and research facilities spanning the world, supplying everything from laser systems and components to laser measurement and control products and precision optics to over 80 countries. Notably, many of its customers are Fortune 500™ leading manufacturers and scientific researchers from numerous universities and institutes across the Americas, Europe, and Pacific Rim. With over half a billion dollars in sales in fiscal 2005, the company has attained a scale unrivaled by most of its competitors.
Markets for Coherent’s products include microelectronics (which includes semiconductor test and measurement, flat panel display manufacturing, and advanced packaging), scientific research and government programs, materials processing, OEM components and instrumentation (which includes such areas as biotechnology, medical imaging and treatment), and graphic arts and display.
Since its inception, Coherent has grown through internal expansion and strategic acquisitions of complementary technologies, intellectual property, manufacturing processes, and product offerings. Coherent also consistently invests over 10 percent of its annual revenue into research and development.
The company’s strategy is to continue to develop innovative and proprietary products and solutions that meet the needs of customers and that are based on Coherent’s core expertise in lasers and optical technologies.