Align Technology Inc, San Jose, Calif, has signed a definitive agreement to acquire privately held Cadent Holdings Inc, Carlstadt, NJ, a 3D digital scanning provider, for $190 million.
"We are excited about the opportunities for growth that Cadent provides,not only in terms of accelerating adoption of intraoral scanning amongdental professionals, but also in creating greater value for existingInvisalign users," said Thomas M. Prescott (pictured), Align Technology’s presidentand CEO.
According to a release from the company, Align expects the acquisitionto accelerate dentists’ use of intraoral scanning by leveraging Align’sglobal sales and marketing reach as well as its base of more than 55,000users.
Cadent brings its technology in CAD/CAM restorative dentistry to Align,along with capabilities in digital records storage, and digitalimpressions for fabrication of veneers, implants, and other restorativeappliances. Like Align, Cadent has expertise in advanced digitalmodeling, software development, and integrated systems. Cadent’sportfolio includes the iTero and iOC intraoral scanners, as well asOrthoCAD iQ, OrthoCAD iCast, and OrthoCAD iRecord.
Align is currently in final beta tests with Cadent’s systems and expectsto announce interoperability for their scanners in the second quarterof 2011.
Align’s acquisition of Cadent provides a dedicated digital scanningplatform for delivering Invisalign’s chairside applications to dentaland orthodontic practitioners, and extends Align’s presence intorestorative dentistry.
For more information about these and other orthodontic companies, visit our Buyer’s Guide.
