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IPG Photonics Corporation Company Profile

NASDAQ: IPGPTechnologySemiconductorsUSD

80.89-2.80 (-3.35%)

At close: Oct 7, 4:00 PM ET · Delayed 15 min

After hours: 80.89 0.00%

IPG Photonics at a glance

IPG Photonics Corporation (NASDAQ: IPGP) is a Semiconductors company in the Technology sector headquartered in Marlborough, MA. IPG Photonics is led by Dr. Mark Milton Gitin Ph.D. and employs about 4,840 people. The company's shares have traded publicly since 2006.

At a market capitalization of $3.56 billion, it is considered a mid-cap company. Its SEC Central Index Key (CIK) is 0001111928, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does IPG Photonics do?

IPG Photonics Corporation develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications. The company offers laser products, including hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; and high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers, as well as other versions. It also provides complementary products, such as optical fiber delivery cables, fiber couplers, beam switches, optical processing heads, process measuring and monitoring technologies, and in-line sensors and chillers. In addition, the company offers LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems; high precision laser systems for medical technology industry; multi axis Cartesian systems for fine welding, cutting, and drilling applications; laser and non-laser robotic welding and automation solutions; and related accessories for specific medical applications. The company sells and markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. It serves general manufacturing, automotive, consumer goods, medical devices, energy/renewable energy, micro electronics, original equipment manufacturers instrument manufacturing, scientific, as well as aerospace and defense, rail, and shipbuilding markets. IPG Photonics Corporation was founded in 1990 and is headquartered in Marlborough, Massachusetts.

Business description based on the company's public filings.

Company information

Legal name
IPG Photonics Corporation
Ticker
NASDAQ: IPGP
Industry
Semiconductors
CEO
Dr. Mark Milton Gitin Ph.D.
Employees
4,840
Headquarters
377 Simarano Drive, Marlborough, MA, United States
Phone
508 373 1100
IPO year
2006
SEC CIK
0001111928

Companies similar to IPG Photonics

IPGP peer companies
CompanyPrice% ChgMarket capCompare
PENGPenguin Solutions Inc.72.61+13.08%$3.72Bvs IPGP
UCTTUltra Clean Holdings Inc.71.42-2.48%$3.23Bvs IPGP
OSISOSI Systems Inc.194.05-2.27%$3.09Bvs IPGP
NVTSNavitas Semiconductor Corporation11.30-5.60%$2.97Bvs IPGP
AMBAAmbarella Inc.65.33-3.84%$2.88Bvs IPGP
POWIPower Integrations Inc.51.40-3.75%$2.87Bvs IPGP
IMOSChipMOS TECHNOLOGIES INC. ADR78.60+0.27%$2.73Bvs IPGP
ENPHEnphase Energy Inc.33.50-1.21%$4.43Bvs IPGP

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