M&A Deal Summary

OphthaliX Acquires Improved Vision Systems

On June 19, 2015, OphthaliX acquired information technology company Improved Vision Systems

Acquisition Highlights
  • This is OphthaliX’s 1st transaction in the Information Technology sector.
  • This is OphthaliX’s 1st transaction in Israel.

M&A Deal Summary

Date 2015-06-19
Target Improved Vision Systems
Sector Information Technology
Buyer(s) OphthaliX
Deal Type Add-on Acquisition

Target

Improved Vision Systems

Israel
Improved Vision Systems Ltd. is a provider of medical device technologies to improve sight, diagnose and offer therapy for a variety of ocular diseases including glaucoma, age related macular degeneration (AMD), diabetic retinopathy and oculo-motor pathologies, addressing multi-billion dollar markets. I.V.S. is developing two types of products: An indoor eye tracking solution, attachable to any screen including TVs, computers, tablets, etc., that manipulates the image shown to the user in such a way as to best compensate for such user's specific clinical impairment; and a goggles-based mobile device which generates high definition displays that are manipulated and moved based on the device's ability to track each eye individually, thus restoring mobility and independence to visually impaired people.

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Buyer(S) 1

Buyer

OphthaliX

Petach Tikva, Israel

Category Company
Founded 2011
Sector Life Science
DESCRIPTION

OphthaliX, Inc. is a biopharmaceutical company.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2015 M&A 1 of 1