Syneron Candela acquires Danish medical device company Ellipse

TAGS

Medical industry news : Syneron Candela, a US-based aesthetic device company, has announced the acquisition of Danish medical device company Ellipse for an undisclosed price.

The financial terms of Syneron Candela acquisition of Ellipse have not been disclosed.

Ellipse is engaged in manufacturing Intense Pulsed Light (IPL) and laser-based platforms for a range of medical and aesthetic skin treatments, that include skin rejuvenation, skin resurfacing, hair removal, and also for treatment  of vascular and pigmented lesions.

Currently, the Danish medical device company sells its devices in about 50 countries.

See also  Lightlife Burger and Lightlife Ground plant-based meat products launched in US and Canada

Jacob Kildegaard Larsen – CEO of Ellipse, commenting on Syneron Candela acquisition of Ellipse, said: “We are excited to join forces with Syneron Candela and market our strong technology platforms via Syneron Candela’s expansive global footprint, along with its commitment to clinical excellence, quality and innovation.”

US aesthetic device company Syneron Candela has acquired Danish medical device company Ellipse

US aesthetic device company Syneron Candela has acquired Danish medical device company Ellipse. Photo courtesy of Stuart Miles/Freedigitalphotos.net.

For the US aesthetic device company Syneron Candela, the acquisition of Ellipse enables it to consolidate its presence in the multi-application space apart from giving its customers a comprehensive portfolio.

See also  Little Caesars to open 50 pizza restaurants in Portland and Seattle

One of the main products of Ellipse is Nordlys, which is used for vascular and pigmented lesions and also for hair removal. Apart from that, the other products of the Danish medical device company include an IPL-based system for skin rejuvenation, hair removal and facial veins, and a fractional nonablative laser system for skin resurfacing.

See also  JLL secures $520m capitalization for Brooklyn waterfront mixed-use development

Commenting on Syneron Candela acquisition of Ellipse, Geoffrey Crouse – CEO of Syneron Candela, said: “Syneron Candela’s best-in-class laser and energy-based technologies are now coupled with a trusted IPL technology that is well respected by physicians.

“Ellipse platforms will provide aesthetic practices with a fully scalable multi-application, multi-technology device. We look forward to Ellipse strengthening our portfolio as we continue to deliver our brand promise of Science, Results, Trust to our physicians and patients worldwide. The Ellipse product portfolio is consistent with our commitment to scientifically proven technologies backed by consistent clinical outcomes.”

CATEGORIES
TAGS
Share This