IPG Photonics Net Worth is$514 M Sales
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Company
| Company Name: IPG Photonics Corporation / company logo

IPG Photonics is a manufacturer of fiber lasers and fiber amplifiers. The company was founded in Russia, but is now headquartered in Oxford, Massachusetts, and operates internationally. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy, and regional sales offices in many countries.
Fiber lasers consist of a special optical fiber whose core has been infused with rare-earth ions which create optical gain when pumped by a laser diode. They can produce beams with good quality and high output power from a compact device, with long life, high energy efficiency, and lower total cost of ownership than comparable conventional lasers.[citation needed] Fiber lasers are replacing conventional lasers in many applications.
IPG was founded in 1990 by physicist Valentin P. Gapontsev, a pioneer in the field of fiber lasers. Dr. Gapontsev has received numerous awards, including an Engineering Excellence Award from the Optical Society of America in 1999, and an Ernst & Young New England Entrepreneur of the Year Award in 2006. In 2009, the Laser Institute of America recognized him with the Arthur L. Schawlow Award as "the father of the fiber-laser industry as it is known today," and in 2010, he was awarded the Russian Federation National Award in Science and Technology, "for his set of innovative designs and his creation of high-quality production of fibre lasers and fibre optic backbone and local connection systems."
In the beginning, IPG made and sold customized glass and crystal lasers, wireless temperature meters for hyperthermy and laser components. In 1992, the company began focusing exclusively on the development of high-power fiber lasers and amplifiers.
The firm received its first major contract from telecommunications carrier Italtel. IPG then won a s

IPG Photonics Latest News

Report explores the laser welding machine market

The following companies as the key players in the Global Laser Welding Machine Market: Emerson, IPG Photonics, O.R. Lasertechnologie, and TRUMPF. - Agency -. Other Prominent Vendors in the market are: Amada Miyachi, CMF, EMAG, FANUC Robotics, Golden Laser ...
Posted: August 18, 2017, 3:04 am

IPG Photonics Corporation (NASDAQ:IPGP) Reviewed By Analysts

Stock market analysts watching IPG Photonics Corporation (NASDAQ:IPGP) have recently changed their ratings on the stock. The latest reports which are outstanding on Saturday 19th of August state 4 analysts have a rating of “strong buy”, 4 analysts ...
Posted: August 19, 2017, 3:05 am

IPG Photonics Corporation (NASDAQ:IPGP) Traded Well Above Its 50 Day Average

Altavista Wealth Management Inc sold 283,697 shares as 3M Company (MMM)'s stock rose 7.02%. The Southeastern Asset Management Inc holds 49.80 million shares with $349.61M value, down from 92.22M last quarter. Mckesson Corp now has $32.07 billion valuation.
Posted: August 11, 2017, 8:38 pm

Timothy Pv Mammen Sells 11,600 Shares of IPG Photonics Corporation (IPGP) Stock

IPG Photonics Corporation (NASDAQ:IPGP) CFO Timothy Pv Mammen sold 11,600 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $166.98, for a total transaction of $1,936,968.00.
Posted: August 20, 2017, 5:06 am

Pioneer Investment Management Inc. Reduces Position in IPG Photonics Corporation (NASDAQ:IPGP)

3,950 shares were sold by SEIFERT THOMAS J, worth $552,487 on Thursday, June 1. The company has a market cap of $8.81 billion, a price-to-earnings ratio of 27.57 and a beta of 1.70. The stock decreased 5.26% or $0.23 during the last trading session ...
Posted: August 12, 2017, 12:03 am
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