Solta Medical Acquires Aesthera Corporation for $6,000,000

  • Feed Type
  • Date
    2/23/2010
  • Company Name
    Aesthera Corporation
  • Mailing Address
    6634 Owens Dr. Pleasanton, CA 94588
  • Company Description
    At the forefront of advancements in the field of light based aesthetic treatments, Aesthera has developed breakthrough Photopneumatic Therapy (PPx) bringing an unprecedented array of firsts to physicians and patients: First no pain treatments, the first light based therapy to require no pre-treatments, the first to treat legs and backs in under twenty minutes, and the first to offer hygienic treatments that are 4-5x safer and highly effective.
  • Website
    http://www.aesthera.com
  • Transaction Type
    M&A
  • Transaction Amount
    $6,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Solta will acquire Aesthera for $5.25 million in Solta common stock and cash, with potential additional base line milestones of $750,000 for a consideration of $6.0 million. Excluding acquisition and integration related charges, the transaction is expected to be accretive to Solta Medical’s earnings within twelve months.