(Newport: Irvine, CA) -- Newport Corp. has announced that it has completed the acquisition of Ophir Optronics Ltd. (“Ophir”), a global leader in precision infrared optics, photonics instrumentation, and 3-D noncontact measurement equipment, for $8.43 per share in cash.

“We are delighted to have Ophir join the Newport team, and we are confident that the addition of Ophir’s outstanding products, technologies, and customer relationships will further strengthen Newport’s leadership position in the photonics industry,” says Robert J. Phillippy, Newport’s president and CEO. “This acquisition expands our global footprint and further diversifies our end-market participation. It represents an important step in the implementation of our strategy to become the world’s premier source for photonics technology and products.”

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