Novanta spends nearly $46 million on rest of Laser Quantum

Novanta (Nasdaq: NOVT) has spent nearly $46 million to buy the remaining 24% of Laser Quantum, which supplies solid-state continuous wave lasers, femtosecond lasers and optical light engines to medical market OEMs.

Novanta (Bedford, Mass.) previously increased its equity stake in Lasser Quantum (Machester, U.K.) to 76% in January 2017.

Get the full story on our sister site Medical Design & Outsourcing. 

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