Discus Dental has acquired all the assets of Zap Lasers and plans to integrate Zap's research and development and manufacturing functions into its Southern California operations. Terms of the transaction were not disclosed.
The two companies had formed a strategic sales, marketing, and distribution relationship in October 2009.
This move will enable Discus to expand the distribution of its full line of soft-tissue diode lasers into key countries such as Korea and Taiwan, the company said. It also gives the company direct leadership of Zap's research and development initiatives and cost-reduction programs.
"This acquisition marks a major milestone for Discus," said Steve Semmelmayer, CEO of Discus Dental, in a press release. "Discus is not only acquiring a trusted brand in dental lasers, but also significant intellectual property, excellent manufacturing competencies, and a technology platform for new products for at least the next decade."
Discus will effectively assume responsibility over all laser manufacturing and distribution of Zap Lasers by June 30, 2010.
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