Light Instruments News
2 articles
growth-positive
Sino-Lite Ltd. Announces Acquisition of Light Instruments Ltd.
Sino-Lite Ltd., an Israeli corporation, has acquired Light Instruments Ltd., a leading dental laser manufacturer. Sino-Lite now owns 100% of Light Instruments unique technology and has gained access to the global dental laser market. The acquisition is the first step in Sino-Lites plan to acquire high technology and innovative companies in the Israeli market. The new leadership aims to drive the LiteTouch™ technology brand forward and expand its range of advanced technology dental lasers. The acquisition represents a large investment by Chinese conglomerates in Israeli technology companies. The dental laser market is expected to grow rapidly in the coming decade, with a worldwide trend towards painless and efficient dental solutions.
Acquisition
growth-positive
Syneron to invest $1.5m in Light Instruments
Syneron Medical Ltd. is making its first investment as a public company by investing $1.5 million in Israeli start-up Light Instruments, a developer of a laser dental care device. Syneron will have exclusive marketing rights to Light Instruments device in North America for ten years following FDA approval. Light Instruments has four or five employees and Syneron currently has $105 million in cash. The article was published on July 6, 2005.
Investment
