Align Technology News
4 articleslign Technology Expands Presence in Israel With New Facilities to Support iTero Scanner and Services Global Operations and Long Term Growth
growth-positive
Align Technology prepares to hire 150 Israelis in 2021
Align Technology plans to hire 150 more employees for its Israel offices in 2021 to support its iTero scanners and local commercial operations. The company has been expanding its presence in Israel and aims to continue driving the adoption of digital dentistry and the Invisalign system. Align Technology operates in the hi-tech sector in Or Yehuda and is responsible for the design and development of the iTero intraoral scanner and services. The company, founded in 1997, offers the most advanced clear aligner system in the world and has treated over 10.2 million patients with the Invisalign system.
Expand
growth-positive
Align Technology Awards Funding to Universities Worldwide to Advance Orthodontic and Dental Research
Align Technology, Inc. has awarded ten research grants as part of its Annual Research Awards Program. The program, which has been running since 2010, has funded over $2.0 million in research awards to advance digital orthodontics and digital dentistry. The research studies cover various topics related to orthodontics and dentistry, including the clinical performance of dental tests, the effects of stem cells on orthodontic tooth movement, and the effectiveness of Invisalign treatment. Align Technology aims to support scientific research and contribute to improvements in oral health care and orthodontic movement. The company has received an increasing number of research grant applications from universities worldwide, reflecting the growing interest in dental and orthodontic research.
Investment
growth-positive
Dental imaging co Cadent bought for $190m
Align Technologies has acquired Cadent Holdings for $190 million in cash. The acquisition is expected to reduce Aligns GAAP-based earnings per share in fiscal 2011 but contribute to its net profit in fiscal 2012. Cadent develops 3D digital scanning solutions for orthodontics and dentistry and has raised $75 million since its founding in 1995. The cooperation agreement between Cadent and Align to develop Invisalign software applications was signed on January 2. Cadents R&D center in Or Yehuda employs 70 of its 250 employees.
Acquisition
