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IPG Photonics Corp.

IPG hires former medical device CEO to lead global laser systems efforts

Mira Sahney has more than two decades of experience in leadership roles in industrial, medical, and high-tech markets, according to a press release issued by IPG on Thursday. She served as president of the pelvic health operating unit at Minnesota-based medical device firm Medtronic from 2021 to 2024. 

IPG Photonics acquires German laser firm for $75M

IPG Photonics Corp., a global laser manufacturing firm headquartered in Marlborough, has acquired German firm cleanLASER for approximately $75 million. 

🔒From the Publisher: A look back, a look ahead – 35 years of covering Central Mass. business news

As a 1979 Holy Cross graduate, I returned to Worcester in September of 1980 to start my publishing career in advertising sales.

🔒1989-2024: A timeline of the top Central Mass. business stories for the last 35 years

How do you whittle 35 years of headlining business news down to a couple thousand words and a few pages? You don't. But here, we take our best shot to highlight the companies, individuals, and moments that left a lasting impression.
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Another IPG executive is set to depart this year, as new CEO looks to reverse stock price plummet

The chief technology officer of Marlborough-based IPG Photonics Corp. is heading to retirement, as the company’s new CEO looks to overcome falling stock prices and global demand issues.

IPG Photonics sells Russian assets for $51M, ending 34-year presence in country where it was founded

Marlborough-based IPG Photonics Corp., a global laser manufacturing company founded in a Moscow basement laboratory in 1990, has sold its remaining assets in Russia, citing the impact of ongoing sanctions related to the country’s invasion of Ukraine.

🔒Steady, but too SLOW: Less than 16% of top executives and zero CEOs at major Central Mass. publicly traded companies are women

The situation in Central Massachusetts, where 15.6% of named executive officers are female, largely mirrors the Massachusetts rate of 16.1% determined in a statewide census.

IPG Photonics announces partnership with Wisconsin welding company

IPG Photonics, a Marlborough-based company that specializes in high-power fiber lasers and amplifiers, has announced a strategic...
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IPG profits dropped to $55M in the third quarter

IPG Photonics, a global manufacturer of optical fiber lasers headquartered in Marlborough, on Tuesday reported $55 million in profits for its third quarter.

IPG adds medical technology expert to board of directors

Marlborough-based IPG Photonics named former Varian Medical Systems executive Kolleen Kennedy to its board of directors, expanding the board to 11 members.
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