Komori
Business Alliances6521OXIDE CorporationElectrical equipment and precision instruments

Business alliance with Polish laser manufacturer Fluence to accelerate full-scale expansion into the laser micromachining business

OXIDE Corporation has entered into a distributor agreement with Poland-based Fluence and will begin selling its femtosecond lasers and providing related services in Japan and other Asian markets. The companies will also pursue the development of new products combining their respective technologies.

Worth reading
45Recurring
Scored from 4 of 5 sections
Direction
Improvement
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Wording
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Agreements reached under this partnership

Business Alliances
6521OXIDE Corporation
Alliance partnerFluence Technology Sp. z o.o.
Details of the alliance
  1. 1

    Sales of Fluence femtosecond lasers

  2. 2

    Business collaboration on new lasers combining Fluence femtosecond lasers with the Company's nonlinear optical crystals and wavelength conversion technologies

  3. 3

    Sales of Fluence femtosecond laser products and provision of related services in Japan and other Asian markets

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionDevelopment and manufacture of advanced ultrashort-pulse fiber lasers, development of femtosecond fiber lasers, and process development and optimization
LocationWarsaw, Poland
Agreements reached under this partnership
ItemDetails
Name of alliance partnerFluence Technology Sp. z o.o.
Alliance partner's business activitiesDevelopment and manufacture of advanced ultrashort-pulse fiber lasers, development of femtosecond fiber lasers, and process development and optimization
Alliance partner's locationWarsaw, Poland
Type of allianceBusiness Alliances
Details of the allianceSales of Fluence femtosecond lasers, Business collaboration on new lasers combining Fluence femtosecond lasers with the Company's nonlinear optical crystals and wavelength conversion technologies, Sales of Fluence femtosecond laser products and provision of related services in Japan and other Asian markets
Items this document does not state (18)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The partnership aims to expand the business and broaden the product lineup in the micromachining field by combining Fluence's femtosecond laser technology with OXIDE Corporation's wavelength conversion and optical design technologies to develop new products, including deep-ultraviolet femtosecond lasers.

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Business alliance with Polish laser manufacturer Fluence to accelerate full-scale expansion into the laser micromachining business | OXIDE Corporation (6521) timely disclosure | Komori