April 21, 2010 (FinancialWire) — IPG Photonics Corporation (NASDAQ: IPGP), a firm that makes high-power fiber lasers and amplifiers, said it has acquired f privately-held, Germany-based Cosytronic KG, a specialist in joining technology.

IPG said that the acquisition allows it to extend its product offerings to include a welding tool that integrates seamlessly with IPG’s fiber laser.

According to IPG, COSY’s core capabilities include the development, engineering and application of new, modern joining techniques and innovative welding tools for many material processing end-markets.

The acquisition is expected by IPG  to have no material effect on the firm’s financial results in 2010.

Financial terms of the deal were not disclosed.

Massachusetts-based IPG Photonics has developed and commercialized f optical fiber-based lasers for use in a range of applications such as materials processing, advanced, telecommunications and medical.

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