We investigated, to the best of our knowledge for the first time, the wavelength dependence of femtosecond and nanosecond optical breakdown in water with high wavelength resolution, temporally smooth laser pulses, and excellent focus quality [1]. In this presentation, we analyze the experimental results by comparing them to the predictions of a rate equation model considering photo ionization based on the Keldysh theory , avalanche ionization based on the Drude model, as well as recombination and diffusion losses [2]. Since the formation of brightly luminescent plasmas during nanosecond optical breakdown is associated with a temperature rise of several thousand K, we added another term considering thermal ionization obtaining the generic equatioñwhere P denotes the free-electron density. Heating occurs through collision losses of free electrons , and recombination and is counteracted by heat diffusion out of the focal volume. For sufficiently high temperatures, the electron energy distribution reaches across the band gap into the conduction band, and we consider electrons with E > E gap as thermally ionized [3]. As breakdown criterion, we used a critical electron density P er = 10 2 ' em" that corresponds for fs pulses to a temperature rise leading to bubble formation and for ns pulses to aT-rise causing plasma luminescence, as experimentally observed . Fig. I shows a comparison of calculated breakdown thresholds lrateCA,) at different laser pulse durations r with our experimental IthCA,) results .1000 --N