This article is more than 5 years old. Information may no longer be current.
Bausch + Lomb finalizes acquisition of Technolas Perfect Vision
Click Here to Manage Email Alerts
With Bausch + Lomb’s completion of its acquisition of Technolas Perfect Vision, the new entity will be known as Bausch + Lomb Technolas, according to a company news release.
“The Technolas Perfect Vision team, led by CEO Dr. Kristian Hohla, has built a ‘best in class’ femtosecond laser platform and other exciting ophthalmic products that round out Bausch + Lomb’s surgical product portfolio and position us to become a ‘one-stop shop’ for ophthalmic surgeons,” Brent Saunders, president and CEO of Bausch + Lomb, said in the release.
The companies have worked together since December 2011 to promote the Victus femtosecond laser platform, according to the release. Bausch + Lomb announced its plan to purchase all outstanding and unowned shares of Technolas Perfect Vision in November 2012.
The agreement calls for Hohla to serve as president of Bausch + Lomb Technolas and report to John Barr in Bausch + Lomb’s Surgical arm, the release said.
Financial details of the deal were not disclosed.