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 among dental professionals, but also in creating greater value for existing Invisalign users," said Thomas M. Prescott, Align Technology’s president and chief executive officer.
According to a release from the company, Align expects the acquisition to accelerate dentists’ use of intraoral scanning by leveraging Align’s global sales and marketing reach as well as its base of more than 55,000 users.
Cadent brings its technology in CAD/CAM restorative dentistry to Align, along with capabilities in digital records storage and digital impressions for fabrication of veneers, implants, and other restorative appliances. Like Align, Cadent has expertise in advanced digital modeling, software development, and integrated systems. Cadent’s portfolio includes the iTero and iOC intraoral scanners, as well as OrthoCAD iQ, OrthoCAD iCast, and OrthoCAD iRecord.
Align is currently in final beta tests with Cadent’s systems and expects to announce interoperability for their scanners in the second quarter of 2011.
Align’s acquisition of Cadent provides a dedicated digital scanning platform for delivering Invisalign’s chairside applications to dental and orthodontic practitioners, and extends Align’s presence into restorative dentistry.
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