Hologic Stitches Medical Aesthetics Into Women's Health

Hologic is acquiring Cynosure for $1.65bn, saying medical aesthetics will complement its existing OB/GYN and women’s health businesses. It is the latest in a series of recent moves intended to accelerate Hologic’s growth.

Hologic Inc. plans to acquire Cynosure Inc.for about $1.65bn to add medical aesthetics products to its existing range of OB/GYN and women’s health technologies.

Hologic will pay $66 per share in cash for Cynosure, a 28% premium over Cynosure’s closing price before the deal was announced. Net of cash, the enterprise valve of the...

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