Rofin Sinar Technologies Inc.

Rofin Sinar Technologies Inc.

RSTI
Rofin Sinar Technologies Inc.US flagNASDAQ
32.55
USD
+0.05
- -
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Technology
Industry
Hardware, Equipment & Parts
Address
IPO Date
Sep 26, 1996
Business
Rofin-Sinar Technologies Inc. (RSTI), founded in 1975 in Hamburg, Germany, and headquartered in Plymouth, Michigan, USA, develops, manufactures, and markets laser sources and laser-based system solutions for industrial material processing applications worldwide, including cutting, welding, marking, drilling, scribing, perforating, and micro structuring; its macro laser products target machine tool and automotive markets under brands such as ROFIN, PRC, NELC, and DILAS for metal cutting and welding; laser marking products serve semiconductor, electronics, automotive, and medical device markets under ROFIN and Nufern brands for marking integrated circuits, wafers, solar cells, electronic components, smart cards, labels, car parts, and medical devices; micro laser products address medical devices, semiconductor, electronics, photovoltaics, dental, jewelry, consumer electronics, packaging, and paper industries under ROFIN, DILAS, Corelase, Lee Laser, and ROFIN-LASAG brands for welding, cutting, ablation, scribing, drilling, plastic welding, and foil processing; the company operates production facilities across the US, Europe, Asia, and other regions with sales and support in multiple countries. Rofin-Sinar Technologies maintains subsidiaries including DILAS Diodenlaser GmbH, m2k-Laser, PRC Laser Corporation, Lee Laser Inc., Nufern, Corelase Oy, Baasel Lasertech, Z-Laser S.A., Optoskand AB, and ROFIN-LASAG, enhancing its diode laser components, modules, systems, optics, fibers, and beam delivery capabilities. In November 2016, Coherent Inc. completed its $942 million acquisition of Rofin-Sinar for $32.50 per share, delisting RSTI from NASDAQ and Frankfurt exchanges and integrating its technologies into Coherent's portfolio; the combined entity now operates as a subsidiary under Coherent Corp., with Rofin-Sinar Technologies LLC listed among Coherent's global subsidiaries and contributing to expanded industrial laser marking, cutting, welding, and drilling solutions for metals, plastics, composites, glass, ceramics, and more across medical devices, electronics, automotive, and other sectors; no major acquisitions, funding rounds, product launches, or strategic shifts have occurred for the standalone entity since the acquisition, as its operations align with Coherent's ongoing innovations in high-power fiber lasers, diode systems, and precision processing.