The acquisition of the Byte platform is part of Dentsply Sirona’s efforts to scale up its clear aligner business.
Dentsply Sirona announced its acquisition of Byte—a direct-to-consumer, doctor-directed clear aligner company. According to Dentsply Sirona, the acquisition of the Byte platform will allow Dentsply Sirona to scale up its clear aligner business.
Byte’s business model was built on a doctor-directed care model for patients with mild to moderate orthodontic needs. The company has a nationwide network of licensed dentists and orthodontists that offer treatment planning, after which the clear aligner is delivered directly to the consumer’s home.
Neeraj Gunsagar, CEO of Byte, and the existing management team will continue to operate the business.
Don Casey, CEO of Dentsply Sirona, said, “We are excited to take the next step in our evolution by bringing Byte into our organization. We have been pleased with the growth of our SureSmile clear aligner business, and we are confident that adding the innovative platform of Byte adds scale for us in the important clear aligner market. We look forward to working with the talented team at Byte as we utilize our collective strengths to expand patient access to quality care and support the success of dental professionals around the world.”
Neeraj Gunsagar, CEO of Byte, commented, “We have been impressed with the passion that Dentsply Sirona has for innovation in dentistry. This combination provides Byte with unmatched resources and R&D capabilities that allow us to reach additional customers and accelerate our mission of changing the world one smile at a time. The transaction enhances our ability to offer affordable care to patients and increases awareness of the overall benefits of oral care. Our team is committed to driving our strong growth, and we are delighted to join the Dentsply Sirona family as we execute on our shared mission.”
The transaction closed on December 31, 2020.