Alcon Acquires LenSx Lasers for $744,000,000
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7f5fac20-2841-4f13-896e-ebc39f68ab7b&Preview=1 -
Date
7/7/2010 -
Company Name
LenSx Lasers -
Mailing Address
33 Journey Aliso Viejo, CA 92656 -
Company Description
The company develops next generation laser technology that is used in eye surgery. -
Website
http://www.lensxlasers.com -
Transaction Type
M&A -
Transaction Amount
$744,000,000 -
Transaction Round
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Proceeds Purposes
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M&A Terms
Alcon will pay US $361.5 million in cash at closing to LenSx shareholders for their shares, plus maximum contingent payments of US $382.5 million based upon the achievement and over-achievement of future femtosecond unit and procedure fee revenue milestones.
