nasdaq rsti isin us7750431022 industry industrial lasers founded 1975 headquarters plymouth michigan united states area served worldwide key people thomas merk ceo ingrid mittelst dt cfo revenue us 519.643 million 2015 net income us 41.258 million 2015 number of employees 2 231 2015 website rofin.com footnotes references 1 rofin sinar technologies inc. is a us company based in plymouth michigan that develops manufactures and sells laser sources and laser based solutions for industrial material processing . since 1996 rofin sinar technologies shares have traded on the nasdaq stock exchange . in addition in july 2001 rsti was listed on the german prime standard segment of the frankfurt stock exchange under the isin us7750431022 . with its wide range of laser sources including co2 lasers fiber lasers solid state diode and various q switch lasers rofin is one of the market leaders in laser technology worldwide . 2 in the recent proxy contest between rofin and silverarrow the two leading proxy firms iss and glass lewis are supporting the silverarrow proposals . the march 17 2016 stockholders meeting will be a cornerstone for the companies future development . history edit the company was founded 1975 in hamburg germany as sinar laser systeme verkaufsgesellschaft mbh . sinar is the sanskrit for beam of light but this name was already used by another swiss company . by taking over the british enterprise rofin the company changed its name to rofin sinar laser gmbh . 3 in the beginning of the 1980s rofin started the development and production of its own lasers in hamburg . rofin first entered the japanese market by establishing a joint venture with the japanese company marubeni . in 1987 rofin sinar became a wholly owned subsidiary of siemens ag . siemens completed the venture in 1988 with the acquisition of the industrial laser category of spectra physics inc. usa and the german laser marking company laser optronic gmbh . citation needed being the first 100 % corporate spin off of siemens citation needed rofin went public and was listed on the nasdaq stock exchange under the symbol rsti in 1996 . since july 2001 the company is listed in germany on the prime standard segment of the frankfurt stock exchange as well . citation needed from march 2004 to march 2010 rofin figured on the tecdax sampling index . citation needed in recent history rofin has come under significant pressure by an investor silverarrow capital to exchange the companies independent directors based on questions on compliance and below average management performance . silverarrow a london based activist investment firm currently one of the largest shareholders of the company claiming in various public letters sec filing 14a oct. 8 & 14a oct. 28 that the company is lacking an adequate growth strategy and has missed market opportunities for years . the shareholders will have a final vote on the claim in the upcoming annual general meeting according to bloomberg . references edit u.s. securities and exchange commission 2015 . washington d.c. united states of america . part ii item 6 http www.sec.gov archives edgar data 1019361 000101936115000073 a2015930 10k.htm . retrieved march 16 2016 . missing or empty title help overton gail ; hausken tom ; belforte david a. ; holton conrad . annual review . laser focus world . retrieved 4 december 2012 . history of rofin sinar . reference for business . retrieved 4 december 2012 . bloomberg silverarrow said to seek 15 % stake in rofin to win board seats barron s silverarrow points to rofin external links edit official website silverarrow web page calling for changes in the board of directors . retrieved from https en.wikipedia.org w index.php title rofin sinar & oldid 712669722 categories companies based in hamburgelectronics companies of germanyengineering companies of germanytool manufacturing companies of germanyhidden categories pages with citations lacking titlespages with citations having bare urlsall articles with unsourced statementsarticles with unsourced statements from april 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran aisbahasa indonesia edit links this page was last modified on 30 march 2016 at 13 21 . text is available under the creative commons attribution sharealike license ; 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