NeoLight Acquires Phoenix Technology Group

November 17, 2021

NeoLight LLC, an Arizona State University spinout and Scottsdale-based newborn medical device company, has acquired Phoenix Technology Group LLC (PTG), a provider of ophthalmic imaging devices and a telemedicine platform for retinopathy of prematurity (ROP) screening. The deal expands NeoLight’s product portfolio to include the Phoenix ICON camera systems and the Phoenix CONNECT telemedicine platform and aims to leverage PTG’s global distribution to accelerate adoption of NeoLight’s Skylife neonatal phototherapy products.

Buyers
NeoLight LLC
Targets
Phoenix Technology Group LLC
Industry
Medical Devices
Location
Arizona, United States
Transaction Type
Buyout

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