Sino-Lite Ltd., an Israeli corporation, has announced the acquisition of Light Instruments Ltd, a leading dental laser manufacturer, previously owned by Syneron Medical Ltd. Owning 100% of Light Instruments' unique technology, Sino-Lite Ltd. has gained access into the prosperous global dental laser market.
"The acquisition of Light Instruments is the first step within a sequence of acquisitions of high technology companies and innovative companies that the group intends to acquire in the Israeli market" said Adv. Eric Ben Mayor - CEO of Sino-Lite Ltd, serving also as Light Instruments Ltd. CEO.
"The new leadership will drive the LiteTouch™ technology brand forward and further develop its valued innovative contribution to the dentistry world" continued Ben-Mayor and added: "Sino-Lite Ltd. shall increase Light Instruments' workforce and expand the variety of high-end advanced Technology Dental Lasers offered, thus affirming its position as a worldwide global leader."
Attracted by Light Instruments' reputation for developing cutting-edge and advanced technology in the dental field, the acquisition marks the latest large investment by Chinese conglomerates in Israeli technology companies.
Light Instruments Ltd's development of a small, simple and portable laser for dental procedures is a sharp contrast from the bulky and complicated equipment common elsewhere.
The dental laser market is one of the biggest potential markets in the coming decade. There is a clear worldwide trend and a willingness from dentists to adopt painless, fast and more efficient solutions. The once-fledging market is rapidly becoming one of the most exciting developments in the healthcare industry.
About Sino-Lite Ltd
Sino-Lite Ltd specializes in the acquisitions, development and management of dental and medical companies worldwide. The company is backed by strong Chinese groups headed by Sino-Ita International Trading Company, headquartered in Beijing China, is the distributor of the Italian brand NewTom Cone Beam 3D Imaging in China and South East Asia. Sino-Ita is a whole solution provider covering the business of high end imaging equipment, high value consumable items, and high value services. Sino-Ita integrates the whole chain from research, sales to service.
For more information, visit http://www.light-inst.com