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Welch Allyn acquires PediaVision assets
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Welch Allyn announced the acquisition of certain assets of PediaVision Holdings LLC in a press release.
“The acquisition of the PediaVision assets is exciting news for Welch Allyn and is in keeping with our corporate objective that emphasizes using a deep understanding of our customer base as the foundation for the kinds of products and services we provide,” Stephen Meyer, Welch Allyn president and CEO, said in a company announcement. “PediaVision has a solid customer base, and the addition of its binocular vision screener into our existing portfolio of physical assessment products, like our new OAE Hearing Screener, will allow us to offer a more robust suite of early detection solutions for health care providers globally.”
“Our technology has quickly captured the attention of organizations at the forefront of vision screening and vision care,” David Melnik, PediaVision CEO, said in the announcement. “We are extremely proud of what we have been able to accomplish and are so thankful to our customers for their passion and support in helping us change the way vision issues are identified. “I truly believe Welch Allyn is the perfect fit to take what PediaVision has built and take it to the next level. Spot couldn’t be in better hands.”
PediaVision’s employees and contractors will be retained under a Transition Services Agreement and have been asked to remain with the company in their current capacity through the transition, according to the press release. The current products will continue to be developed and sourced by PediaVision’s existing manufacturing partners, and the company expects no interruptions to suppliers and customers while the transition is underway.