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Align Technology’s acquisition of exocad is expected to close during the second quarter of 2020. (Image: Gajus/Shutterstock)

Align Technology broadens portfolio with acquisition of exocad

By Dental Tribune International
March 05, 2020

SAN JOSE, Calif., U.S./DARMSTADT, Germany: Global medical device company Align Technology has announced that it has signed a definitive agreement to acquire the privately held exocad Global Holdings for approximately $418 million (€376 million). Exocad is an internationally successful company in the dental CAD/CAM software market, and, according to Align, will strengthen the Align digital platform, which delivers innovative tools and features for diagnostic, restorative, implant and orthodontic workflows.

The acquisition brings exocad’s expertise in restorative dentistry, implantology, guided surgery and smile design to the Align technology portfolio, extending Align’s Invisalign and iTero digital solutions and paving the way for new, seamless cross-discipline dentistry in the laboratory and at the chairside. Having close to 200 partners and more than 35,000 licenses installed worldwide, exocad also broadens Align’s platform reach in digital dentistry.

“Dentistry today is evolving digitally, with technology advances and consumer awareness driving new opportunities in ortho-restorative and comprehensive treatment. Align is in a unique position to lead the digital transformation of dentistry by reimagining comprehensive treatment planning and by reinventing the way orthodontists and GPs practice with our digital platform for transforming smiles,” said Joseph Hogan, Align Technology president and CEO. “Exocad allows us to broaden and deepen Align’s digital platform by addressing restorative needs in our end-to-end digital platform that facilitates ortho-restorative and comprehensive dentistry and accelerates adoption of Invisalign treatment among the more than 300 million potential patients worldwide.”

“I am excited by the enormous growth opportunity for exocad and its customers that comes with being a part of Align Technology,” said Tillmann Steinbrecher, CEO and co-founder of exocad. “Together, we will further strengthen exocad’s position as a key technology provider for the dental CAD/CAM industry and drive continuous innovation with the open and integrated approach that is the foundation of our company.”

According to Align, this acquisition is a natural next step in its collaboration with exocad that began in 2017 with the seamless integration of Align’s iTero intraoral scanners and exocad’s ChairsideCAD software. The collaboration later expanded to a fully validated workflow that enabled in-house milling of dental restorations on any compatible milling machine, and most recently, at the 2020 Chicago Dental Society Midwinter Meeting, the companies announced the unique exocad Connector.

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