Dalsa Corp. (Waterloo, Ontario, Canada) will acquire MedOptics Corp. (Tucson, AZ) for $4.5 million, in a deal to be closed January 2000. The purchase price includes intangible assets of approximately $4 million, primarily technology rights and in-process research and development costs, which Dalsa expects to amortize over a period of 12 to 18 months. Dalsa makes high-performance charge-coupled-device sensors and cameras used for industrial vision applications as well as medical imaging. Founded in 1994, MedOptics has 16 employees and specializes in digital x-ray medical imaging cameras for high-resolution, small-field radiographic applications such as breast biopsy. MedOptics anticipates 1999 revenues of $4.5 million.
John Wallace was with Laser Focus World for nearly 25 years, retiring in late June 2022. He obtained a bachelor's degree in mechanical engineering and physics at Rutgers University and a master's in optical engineering at the University of Rochester. Before becoming an editor, John worked as an engineer at RCA, Exxon, Eastman Kodak, and GCA Corporation.
