Rofin-Sinar Technologies Inc. was a company that designed and manufactured laser products and solutions for industrial material processing applications. The company was founded in 1975 and was headquartered in Plymouth, Michigan.
The stock ticker symbol for Rofin-Sinar Technologies Inc. was RSTI. However, in 2016, the company was acquired by Coherent Inc., another laser technology company. The acquisition was completed through a cash and stock transaction, and Rofin-Sinar Technologies Inc. was merged with Coherent Inc. to form a new company called Coherent-Rofin.
Following the merger, the RSTI ticker symbol was retired, and Coherent-Rofin began trading on the NASDAQ under the ticker symbol COHR. However, in March 2021, Coherent Inc. was acquired by Lumentum Holdings Inc., a photonics and optical technology company. The new combined company trades on the NASDAQ under the ticker symbol LITE.
|
