December 22, 2021
by Carestream Dental
Affiliates of Carestream Dental LLC (“Carestream Dental”) today announced that they have entered into an agreement to sell Carestream Dental’s Scanning Technology business to Envista Holding Corporation (“Envista”), a leading global dental products company for $600 million. The Scanning Technology business is composed of Carestream Dental’s intraoral scanner equipment (CS 3600, CS 3700, and CS 3800) and related software.
Carestream Dental will continue to operate its market-leading imaging technology, clinical software and practice management software businesses which provide innovative solutions for dental practices, groups, DSOs and industry partners. The sale of the Scanning Technology business will not only deliver significant proceeds representing the value of the company’s innovation processes, but also allow Carestream Dental to focus its investments and efforts in the highly attractive and growing dental cloud and technology solutions market. Its recent investments in Sensei Cloud practice management and Swissmeda’s suite of clinical software solutions complement a legacy of market-leading device innovation with new growing SaaS applications focused on helping practices and groups build new revenue, profits and patient flows.