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Bausch + Lomb Acquires Acufocus, Inc.

Jan 17, 2023•almost 3 years ago

Acquiring Company

Bausch + Lomb Corporation

Acquired Company

AcuFocus, Inc.

IrvineHealth CareManufacturingMedical DeviceBiotechnologyHealth Care

Description

Bausch + Lomb Corporation (NYSE/TSX: BLCO) (“Bausch + Lomb”), a leading global eye health company dedicated to helping people see better to live better, and AcuFocus, Inc. (“AcuFocus”), a privately held ophthalmic medical device company, today announced that an affiliate of Bausch + Lomb has acquired AcuFocus, pursuant to a merger transaction with the parent company of AcuFocus.

Company Information

Company

Bausch + Lomb Corporation

About

Bausch + Lomb Corporation is a leading global eye health company committed to improving people’s vision. The company focuses on developing innovative products for vision correction, surgical procedures, and consumer eye care. It operates with a long-standing dedication to enhancing the visual health of patients worldwide. Bausch + Lomb is recognized for its advanced technology and quality in eye care solutions.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed