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Nikon agrees to purchase Optos

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The board of directors of Nikon and Optos have agreed the terms of a recommended cash offer of £259.3 million ($400 million) for the acquisition of Optos, according to an announcement from Nikon.

The proposed acquisition is an important step in Nikon’s initiative to enter the medical sector to leverage its optical technologies into the medical industry, the announcement said.

“I am pleased to announce this strategically important transaction for Optos and Nikon,” Nikon President Kazou Ushida said in the announcement. “I am confident that an Optos/Nikon combination would create a world class ‘retina’ player and would significantly benefit our respective stakeholders.”