Oxford, MA and Manchester, NHIPG Photonics (Nasdaq: IPGP) has agreed to acquire JP Sercel Associates (JPSA) for an undisclosed amount. The deal will expand IPG’s offerings of laser systems in fine-processing, precision laser cutting, drilling, and micromachining of nonmetals (glass, semiconductors, ceramics, etc.).

JPSA specializes in advanced laser micromachining, micro cutting, scribing, and laser lift-off for semiconductors, microfluidics, LEDs, thin-film solar panels, micro-electromechanical systems (MEMS), biomedical technology, and industrial automation applications.” The firm, which will be renamed “IPG Microsystems LLC,” will continue to sell its UV and excimer laser systems as well as systems using DPSS lasers, noted CEO/CTO Jeff Sercel. At the same time, though, “we strongly believe there are significant growth opportunities using advanced fiber lasers to displace traditional laser sources in high growth applications,” he added. “Together, we will be able to sell into new applications, expand geographically and accelerate into markets where there are needs for advanced fiber laser technology.”

For IPG, the deal presents “significant sales synergies,” explained CEO Valentin Gapontsev. “The combination of JPSA’s specialized laser systems and the UV and short-pulse fiber lasers that IPG is developing now should allow us to deepen our penetration of the $800 million fine-processing market.” IPG’s extensive sales and service network will also help JPSA expand its global reach, he added. The deal will add approximately $4M to IPG’s revenues and subtract roughly $0.01-$0.02 from earnings/share for the remainder of 2012, but will be accretive to earnings in 2013.