Nikon pushes into medtech with $400 million Optos acquisition

By Ben Hirschler LONDON (Reuters) - Nikon , the 98-year-old Japanese company best known for its cameras, has agreed to buy British retinal imaging firm Optos for 259.3 million pounds ($400 million) as it moves into the medical sector. Nikon has previously said it intended to enter the medical sector to leverage its optical technologies and the Japanese group sees buying Optos as an important step in that long-term growth plan. Kazuo Ushida, president of Nikon, said the company would expand the medical business further in the future. The Japanese group will pay 340 pence a share in cash for Optos, a 30.5 percent premium to the closing price on Thursday, the two companies said in a statement.



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