{"id":791625,"date":"2024-12-02T16:04:09","date_gmt":"2024-12-02T21:04:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/"},"modified":"2024-12-02T16:04:09","modified_gmt":"2024-12-02T21:04:09","slug":"ipg-photonics-completes-acquisition-of-cleanlaser","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/","title":{"rendered":"IPG Photonics Completes Acquisition of CleanLASER"},"content":{"rendered":"<h2>\nAcquisition Accelerates IPG Entry Into Growing Laser Cleaning Solutions<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>MARLBOROUGH, Mass., Dec.  02, 2024  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rvs_WNRI6qXKu2Lo3_3EjecV7gfmYuS38ErIlxbokWO8kgl1PfQtRmY1OAPFg0tpiCz8sAtDZJKhk1HIJzhFIuqjeq4WYVCBhs25qyKK8_8=\" rel=\"nofollow\" target=\"_blank\">IPG Photonics Corporation<\/a>\u00a0(NASDAQ: IPGP) today announced that it has completed its acquisition of Clean-Lasersysteme GmbH (cleanLASER), a leader in laser cleaning systems. The purchase of cleanLaser strengthens IPG\u2019s global position in high-precision laser systems for cleaning applications by bringing additional know-how, complementary market exposure, and product and technology synergies.<\/p>\n<p align=\"justify\">\u201cThe acquisition of cleanLaser aligns with IPG&#8217;s strategic focus on expanding into promising new markets and applications. This move further differentiates our business by enhancing our ability to deliver comprehensive solutions that provide customers with cost-effective and environmentally sustainable alternatives to traditional industrial processes,\u201d said Dr. Mark Gitin IPG Photonics\u2019 Chief Executive Officer. \u201cOn behalf of the entire IPG team I want to welcome the cleanLaser team to IPG Photonics and look forward to working closely with them.\u201d<\/p>\n<p align=\"justify\">Founded in 1997 and based in Herzogenrath, Germany, cleanLASER is a leader and pioneer in expanding the usage of lasers for industrial cleaning, with an installed base of approximately 2,000 systems worldwide and approximately $30 million in annual revenue. The company serves a broad range of customers across the automotive, industrial, aerospace, medical, food, and other markets.<\/p>\n<p align=\"justify\">\n        <strong>Contact<\/strong>\n      <\/p>\n<p>Eugene Fedotoff<br \/>Senior Director, Investor Relations <br \/>IPG Photonics Corporation <br \/>508-597-4713<br \/>efedotoff@ipgphotonics.com<\/p>\n<p>\n        <strong>About IPG Photonics Corporation<\/strong>\n      <\/p>\n<p align=\"justify\">IPG Photonics Corporation is the leader in high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications. The Company\u2019s mission is to develop innovative laser solutions making the world a better place. IPG accomplishes this mission by delivering superior performance, reliability and usability at a lower total cost of ownership compared with other types of lasers and non-laser tools, allowing end users to increase productivity and decrease costs. IPG is headquartered in Marlborough, Massachusetts and has more than 30 facilities worldwide. For more information, visit www.ipgphotonics.com.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxMjY4NyM2NjE4MDE1IzIwMTczMDQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZWY5YWQzZWUtZDNmMS00YjJjLTgxNzAtYzRmOWIzMjA1ZjYwLTEwMjg4Nzc=\/tiny\/IPG-Photonics-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Acquisition Accelerates IPG Entry Into Growing Laser Cleaning Solutions MARLBOROUGH, Mass., Dec. 02, 2024 (GLOBE NEWSWIRE) &#8212; IPG Photonics Corporation\u00a0(NASDAQ: IPGP) today announced that it has completed its acquisition of Clean-Lasersysteme GmbH (cleanLASER), a leader in laser cleaning systems. The purchase of cleanLaser strengthens IPG\u2019s global position in high-precision laser systems for cleaning applications by bringing additional know-how, complementary market exposure, and product and technology synergies. \u201cThe acquisition of cleanLaser aligns with IPG&#8217;s strategic focus on expanding into promising new markets and applications. This move further differentiates our business by enhancing our ability to deliver comprehensive solutions that provide customers with cost-effective and environmentally sustainable alternatives to traditional industrial processes,\u201d said Dr. Mark Gitin IPG Photonics\u2019 Chief Executive Officer. \u201cOn &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IPG Photonics Completes Acquisition of CleanLASER&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-791625","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IPG Photonics Completes Acquisition of CleanLASER - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IPG Photonics Completes Acquisition of CleanLASER - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Acquisition Accelerates IPG Entry Into Growing Laser Cleaning Solutions MARLBOROUGH, Mass., Dec. 02, 2024 (GLOBE NEWSWIRE) &#8212; IPG Photonics Corporation\u00a0(NASDAQ: IPGP) today announced that it has completed its acquisition of Clean-Lasersysteme GmbH (cleanLASER), a leader in laser cleaning systems. The purchase of cleanLaser strengthens IPG\u2019s global position in high-precision laser systems for cleaning applications by bringing additional know-how, complementary market exposure, and product and technology synergies. \u201cThe acquisition of cleanLaser aligns with IPG&#8217;s strategic focus on expanding into promising new markets and applications. This move further differentiates our business by enhancing our ability to deliver comprehensive solutions that provide customers with cost-effective and environmentally sustainable alternatives to traditional industrial processes,\u201d said Dr. Mark Gitin IPG Photonics\u2019 Chief Executive Officer. \u201cOn &hellip; Continue reading &quot;IPG Photonics Completes Acquisition of CleanLASER&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-02T21:04:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxMjY4NyM2NjE4MDE1IzIwMTczMDQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-completes-acquisition-of-cleanlaser\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-completes-acquisition-of-cleanlaser\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"IPG Photonics Completes Acquisition of CleanLASER\",\"datePublished\":\"2024-12-02T21:04:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-completes-acquisition-of-cleanlaser\\\/\"},\"wordCount\":314,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-completes-acquisition-of-cleanlaser\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMxMjY4NyM2NjE4MDE1IzIwMTczMDQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-completes-acquisition-of-cleanlaser\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-completes-acquisition-of-cleanlaser\\\/\",\"name\":\"IPG Photonics Completes Acquisition of CleanLASER - 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This move further differentiates our business by enhancing our ability to deliver comprehensive solutions that provide customers with cost-effective and environmentally sustainable alternatives to traditional industrial processes,\u201d said Dr. Mark Gitin IPG Photonics\u2019 Chief Executive Officer. \u201cOn &hellip; Continue reading \"IPG Photonics Completes Acquisition of CleanLASER\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/","og_site_name":"Market Newsdesk","article_published_time":"2024-12-02T21:04:09+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxMjY4NyM2NjE4MDE1IzIwMTczMDQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"IPG Photonics Completes Acquisition of CleanLASER","datePublished":"2024-12-02T21:04:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/"},"wordCount":314,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxMjY4NyM2NjE4MDE1IzIwMTczMDQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-completes-acquisition-of-cleanlaser\/","name":"IPG Photonics Completes Acquisition of CleanLASER - 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