Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Conformis (NASDAQ: CFMS) Merges with restor3d, Inc. to Form an Industry-leading 3D-printed Orthopedic Medical Device Company

Conformis, Inc. (NASDAQ: CFMS) and restor3d, Inc., both noteworthy players in the orthopedic industry, have announced a definite merger agreement, making way for a leading company specializing in personalized 3D-printed orthopedic medical devices. This strategic union highlights the companies’ shared belief in personalization and their commitment to harnessing artificial intelligence in implant design, digital automation, and 3D-printed osseointegrative biomaterials.

Terms of the Merger Agreement

Under the agreement, restor3d will purchase all outstanding Conformis stock at $2.27 per share, a significant 96 percent premium on the closing price of the Conformis shares as of June 22, 2023. This move represents a tremendous leap towards creating a unified front in the rapidly evolving orthopedic industry, pushing the boundaries of personalized, cost-effective solutions across various orthopedic areas such as the shoulder, foot & ankle, spine, and large joints.

Executives’ Views on the Merger

The CEOs of both companies expressed positive views on the merger. Kurt Jacobus, CEO of restor3d, articulated his belief in the power of personalization and the potential to offer innovative solutions across the orthopedic landscape. On the other hand, Mark Augusti, CEO at Conformis, stated that this merger is a testament to the strength of Conformis’ technology and intellectual property. The transaction is seen as an exciting opportunity for Conformis to continue aiding patients and providing innovative products to the surgeon community under the umbrella of restor3d.

Conformis Board Approval and Expected Closing Date

The Board of Directors of Conformis, after careful deliberation, unanimously approved the transaction, determining it to be in the best interests of the company’s stockholders. Subject to Conformis’ stockholders’ approval and the satisfaction of customary closing conditions, the merger is projected to be finalized by the end of Q3 2023.

The Future of Personalized 3D-printed Orthopedic Devices with Conformis

The merger of restor3d and Conformis signifies a significant step towards revolutionizing the orthopedic industry with personalized treatment and patient choice. With Conformis’ history of delivering innovation and the promising technology offered by restor3d, the merged entity aims to transform the future of orthopedic treatments, fostering better patient outcomes and supporting the surgeon community with advanced and effective solutions.

Disclosure: No position. Spotlight Growth has no relationships with any of the companies mentioned in this article and did not receive payment in any form for its creation. This is an opinion article and is not meant to be financial advise. We are not broker-dealers or investment professionals. Please conduct your own due diligence. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/

The post Conformis (NASDAQ: CFMS) Merges with restor3d, Inc. to Form an Industry-leading 3D-printed Orthopedic Medical Device Company appeared first on Spotlight Growth.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.