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II-VI Incorporated to Acquire Ascatron

II-VI Incorporated is a manufacturer of high-power semiconductor laser components, including other optoelectronic devices, laser systems, component and processing tools, epitaxial wafers, silicon carbide (SiC) substrates and more.

Recently, the company announced that it has agreed to buy all outstanding shares of Ascatron AB, an expert in silicon carbide epitaxial wafers and power electronics devices.

Press release: