Corning Incorporated today announced the acquisition of Saint-Gobain’s Shielding and Optics business unit, which includes Saint-Gobain Sovis radiation shielding and optics business, in Jouarre, France, and Hot Cell Services, in Kent, Washington, U.S.
This acquisition expands Corning’s current radiation shielding business, opens new market opportunities, and enables the manufacturing and supply of products for nuclear power and medical shielding applications and optical components.
“Corning is a world leader in radiation shielding glass and optical solutions. This strategic portfolio addition will deepen our innovation capabilities and unlock new market opportunities,” said David Velasquez, vice president and general manager, Corning Advanced Optics. “The synergies generated by joining these two organizations enables us to deliver safe, reliable, advanced solutions to our end-users and customers.”
“The acquisition of Saint-Gobain’s Shielding and Optics business extends our advanced optics portfolio, joining our latest innovation Corning® Med-X® LT Glass,” concluded Velasquez.
Saint-Gobain S.A., a French multinational group, is worldwide leader in light and sustainable construction, that designs, manufactures and distributes materials and solutions for the construction, mobility, and industrial markets.
About Corning Incorporated
Corning (www.corning.com) is one of the world's leading innovators in materials science, with a 170-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries. Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display, automotive, and life sciences.