nLIGHT Corporation agreed to acquire Arbor Photonics, Inc. from The Frankel Commercialization Fund L.P. and The Wolverine Venture Fund, L.P. of Ross School of Business, University of Michigan, Endowment Arm and other investors on December 25, 2012. nLIGHT raised $3 million in capital related to the deal.

nLIGHT Corporation completed the acquisition of Arbor Photonics, Inc. from The Frankel Commercialization Fund L.P. and The Wolverine Venture Fund, L.P. of Ross School of Business, University of Michigan, Endowment Arm and other investors on December 2012.