Posted Dec 18, 2014, 11:45 AM
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Old Fart Forumer
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Join Date: Aug 2002
Location: Live in DC suburbs-Maryland
Posts: 22,154
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Hopefully this is an indication that Ithaca can attract more tech firms to the area (from the Ithaca Voice):
Quote:
Laser tech firm in Ithaca sold for $230 million
Ithaca, N.Y. — A laser technology firm based in Ithaca has been sold to a Massachusetts company for $230 million, the Massachusetts company announced in a press release Wednesday.
Ithaca’s BinOptics Corporation creates high-tech lasers out of the Cornell Business and Technology Park. It has now been sold to MACOM Technology Solutions Holdings, of Lowell, Mass.
BinOpitics, which employes about 150 people, is expected to stay in Ithaca after the acquisition, according to Tom Schryver, executive director of the Center for Regional Economic Advancement at Cornell University.
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Full article here:
http://ithacavoice.com/2014/12/laser...d-230-million/
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