October 4, 2011 – Irvine, California – Newport Corporation (NASDAQ: NEWP) today announced that it has completed the acquisition of Ophir Optronics Ltd. (“Ophir”), a global leader in precision infrared optics, photonics instrumentation and three-dimensional non-contact measurement equipment, for $8.43 per share in cash.

Robert J. Phillippy, Newport’s President and Chief Executive Officer, said, “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. Ophir has a long history of strong and consistent revenue growth and profit generation, and we expect this acquisition to help Newport deliver significantly higher levels of revenue and profit in the future. We will immediately begin implementing our integration plans, and we expect the transaction to be accretive to our earnings in the fourth quarter of 2011 and thereafter. 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.”

Press Release

May 18, 2010 – Jerusalem, Israel – Ophir Optronics, the global leader in precision laser measurement, today announced the acquisition of Photon Inc. (San Jose, CA), a developer of precision laser beam profiling optical test equipment. The acquisition adds Photon’s experience and products to the Ophir-Spiricon group and creates a diverse, powerful, and largest supplier of laser measurement equipment for industrial, medical, military and scientific/research applications.



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