SANTA CLARA, Calif., July 10 /PRNewswire-FirstCall/ -- Coherent, Inc.
(Nasdaq: COHR), today announced that the Securities and Exchange Commission
has formally notified the Company that its investigation of Coherent's
historical stock option granting practices has been terminated and that it
will not recommend any enforcement action.
Founded in 1966, Coherent, Inc. is a world leader in providing photonics
based solutions to the commercial and scientific research markets and part of
the Russell 2000. Please direct any questions to Leen Simonet, Chief Financial
Officer at 408-764-4161. For more information about Coherent, visit the
Company's Web site at http://www.coherent.com/ for product and financial
updates.
SOURCE Coherent, Inc.