NOVT Novanta Inc gains 16% Nov 27, 2017

GSI Group Inc., together with its subsidiaries, designs, develops, manufactures, and sells precision photonic and motion control components, and subsystems to original equipment manufacturers in the medical equipment and advanced industrial technology markets. The company operates through three segments: Laser Products, Vision Technologies, and Precision Motion. The Laser Products segment designs, manufactures, and markets photonics-based solutions, including CO2 laser sources, laser scanning, and laser beam delivery products for photonics-based applications, such as industrial material processing, metrology, medical and life science imaging, and medical laser procedures. This segment sells its products under Cambridge Technology, Lincoln Laser, ExoTec Precision, and Synrad brand names. The Vision Technologies segment designs, manufactures, and markets a range of medical grade technologies, including visualization solutions, imaging informatics products, optical data collection and machine vision technologies, RFID technologies, thermal printers, and light and color measurement instrumentation. This segment sells its products under NDS, NDSsi, Dome, JADAK, Skyetek, General Scanning, and Photo Research brand names. The Precision Motion segment designs, manufactures, and markets optical encoders, precision motors and other motion control technology, air bearing spindles, and precision machined components. This segment sells its products under Celera Motion, MicroE, Applimotion, and Westwind brand names. GSI Group Inc. sells its products through its direct sales force, as well as through distributors, including manufacturersÂ' representatives worldwide. The company was formerly known as GSI Lumonics Inc. and changed its name to GSI Group Inc. in 2005. GSI Group Inc. was founded in 1968 and is based in Bedford, Massachusetts. http://www.priceseries.com/trade/NOVT-Novanta-Inc-stock-gains-16-percent-a-Trade-Record-by-priceSeries-2017102620171127.html