II-VI Inc was incorporated in Pennsylvania in 1971. The Company develops and manufactures engineered materials and opto-electronic components and products for precision use in industrial, optical communications, military, semiconductor and life science applications. It use engineered material growth technologies coupled with proprietary high-precision fabrication, micro-assembly, thin-film coating and electronic integration to enable complex opto-electronic devices and modules. The Company's products are deployed in application includes Laser cutting, welding and marking operations, Optical communication products, Intelligence, surveillance and reconnaissance, Semiconductor processing and tooling, Medical procedures and Thermo electric cooling and power generation solutions. Its segments are II-VI Laser Solutions, II-VI Photonics, and II-VI Performance Products. The II-VI Laser Solutions segment contains the former Infrared Optics segment, the semiconductor laser portion of the former Active Optical Products segment (now II-VI Laser Enterprise), and smaller units of high-power laser technology from the former Near-Infrared Optics segment (now II-VI Suwtech) and the former Advanced Products Group segment. The II-VI Photonics segment contains the remaining majority of the former Near-Infrared Optics segment (now part of both II-VI Photop and II-VI Optical Communications) as well as the pump laser and optical amplifier businesses of the former Active Optical Products segment. The II-VI Performance Products segment contains the former Military & Materials and the majority of the former Advanced Products Group segments. The II-VI Laser Solutions segment is located in the U.S., Singapore, China, Germany, Switzerland, Japan, Belgium, the U.K., Italy, South Korea and the Philippines. The II-VI Photonics segment is located in the U.S., China, Vietnam, Australia, Germany, Japan, the U.K., Italy and Hong Kong. The II-VI Performance Products segment is located in the U.S., Vietnam, Japan, China, Germany and the Philippines. The II-VI Laser Solutions segment competes with Sumitomo Electric Industries, Ltd., Optoskand AB, JDSU Uniphase Corporation and among others. The II-VI Photonics segment competes with O-Net Communications Group Ltd., Finisar Corporation and among others. The II-VI Performance Products segment competes with DRS Technologies, Inc., Komatsu, Ltd., Berliner Glas, Cree, Inc. and among others. The Company is subject to the passage of and changes in the interpretation of regulation by U.S. government entities at the federal, state and local levels and non-U.S. agencies.