Dentsply Sirona announced that the company has acquired Byte, a rapidly growing clear aligner company. Byte holds a leadership position in the direct-to-consumer clear aligner market.
As a result of the transaction, Dentsply Sirona adds scale in the important clear aligner category and strengthens its connection with dental professionals. Dentsply Sirona’s R&D capabilities and commercial expertise offer significant potential to drive additional growth of the Byte clear aligner solutions. The combination with Dentsply Sirona will focus on expanding the market for orthodontic care by connecting additional patients with dental professionals and helping them access quality oral healthcare.
Byte has developed an innovative business model, built on doctor-directed care that provides excellent outcomes for patients with mild to moderate orthodontic needs. Byte was founded on the commitment to improve access and affordability to orthodontic care using a nationwide network of licensed dentists and orthodontists. It offers effective treatment planning and an easy-to-use clear aligner solution delivered directly to a consumer’s home. The CEO of Byte, Neeraj Gunsagar, and the existing management team will continue to operate the business.
Don Casey, Chief Executive Officer of Dentsply Sirona, said, “We are excited to take the next step in our evolution by bringing Byte into our organization. We have been pleased with the growth of our SureSmile clear aligner business, and we are confident that adding the innovative platform of Byte adds scale for us in the important clear aligner market. We look forward to working with the talented team at Byte as we utilize our collective strengths to expand patient access to quality care and support the success of dental professionals around the world.”
Neeraj Gunsagar, CEO of Byte commented, “We have been impressed with the passion that Dentsply Sirona has for innovation in dentistry. This combination provides Byte with unmatched resources and R&D capabilities that allow us to reach additional customers and accelerate our mission of changing the world one smile at a time. The transaction enhances our ability to offer affordable care to patients and increases awareness of the overall benefits of oral care. Our team is committed to driving our strong growth, and we are delighted to join the Dentsply Sirona family as we execute on our shared mission.”
The transaction closed on December 31, 2020.
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