Resonetics (Nashua, N.H.) today announced that it is making an additional equity investment in and providing debt financing to Medibrane. The company took minority ownership of Israel-based Medibrane as part of its acquisition of STI Laser in November 2018. “Having worked with the founders at Medibrane for the past six months, we’ve grown increasingly excited […]
Resonetics continues buying spree, snaps up Minnesota firm
Resonetics said it has acquired Caribou Technologies (Blaine, Minn.), a supplier of centerless grinding, forming, coiling, machining and laser processing for the medtech industry. In addition to servicing a large number of medical device manufacturers in the Twin Cities market, Caribou has built a strong and growing customer base in high growth market segments around the world, according […]
Resonetics acquires STI Laser Industries
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 […]
Private equity-backed Regatta Medical buys majority stake in Resonetics
Private equity firm GTCR’s portfolio company Regatta Medical said today it acquired a majority stake in Resonetics, with its current team led by CEO Tom Burns slated to continue their roles with the company. The deal, which included an increased investment from previous owner Sverica, is slated to close sometime in early February, Boston-based Sverica […]
Resonetics acquires Aduro Laser
Resonetics announced that it has acquired Aduro Laser. The financial details of the deal were not disclosed. “We are very excited to partner with Grayson Beck and Demian Backs, who have created raving fans with Aduro’s disruptive business model,” Tom Burns, Resonetics’ CEO, said. “We share a similar culture with an emphasis on innovation, speed […]
Manufacturing drug device products: challenges and best practices
Integrating a drug with a mechanical device can, in some cases, improve patient outcomes and boost sales. But manufacturing these products is no simple feat: It often requires a specialized contract manufacturer with extensive experience in the field to make a drug-device combo buildable and scalable. There’s a lot to consider when manufacturing a medical […]
Resonetics plans Minnesota laser micro-manufacturing plant
Resonetics said today it is opening a laser micro-manufacturing facility in Plymouth, Minn. Get the full story at our sister site, Medical Design & Outsourcing.
Resonetics expands to Costa Rica and completes rebranding of Mound Laser
Resonetics announced its plans to open a new production facility in the Coyol Free Zone Business Park in Alajuela, Costa Rica. The new 18,000 sq. ft. (1,670 sq. m.) plant will feature a large Class 8 cleanroom, state-of-the-art, ultrafast laser systems and 24/6 operations. It’s anticipated that operations will commence in the fourth quarter of […]
Resonetics acquires Mound Laser to create leader in laser micro manufacturing for the life sciences market
Resonetics announced its acquisition of Mound Laser and Photonics Center, Inc., a leader in laser micro manufacturing of precise metal components for the medical device and defense industry. With the acquisition of Mound Laser, Resonetics will now expand beyond its current focus on polymers and glass and offer customers a broader array of solutions and […]
Resonetics acquires Mound Laser
Resonetics said today that it acquired Mound Laser & Photonics Center for an undisclosed amount, expanding its footprint beyond polymers and glass into laser micro-machined medical device components in metal. “The team at Mound Laser has made impressive strides in recent years, taking on very difficult-to-manufacture components in the neurovascular, structural heart and peripheral vascular […]
New patent for machining three-dimensional objects improves throughput and lowers manufacturing costs
Micromachining of medical device and diagnostic products often requires fabrication of multiple features on multiple surfaces of a single component. In order to present the work piece to the ablating laser beam, the part must be rotated and translated several times with high precision. Even for small parts this typically results in a cumbersome tooling […]
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