Resonetics (Nashua, N.H.) said today that it has purchased STI Laser Industries (Or Akiva, Israel), a medical device industry supplier of laser processing, nitinol shape setting and electropolishing, and cleanroom assembly and packaging.
Financial terms of the deal were not disclosed. Founded in 1998 by its president and CEO Tovy Sivan, STI has a worldwide business, with customers in the U.S., Japan, China and South Korea.
At DeviceTalks Boston, Tyler Shultz will give attendees an inside look at Theranos and how he was able to sound the alarm after he realized the company was falling apart. Shultz will take attendees behind the story that everyone is talking about: the rise and fall of Elizabeth Holmes and her diagnostic company, Theranos.
Join Shultz and 1,000+ medical device professionals at the 8th annual DeviceTalks Boston.