Dentis Accelerates Digital Orthodontics Business... Incorporated as Subsidiaries of Dioco and TNS
[Asia Economy Reporter Kum Boryeong] Dentis has begun to accelerate its digital orthodontics business by incorporating two subsidiaries.
On the 9th, Dentis announced that it plans to acquire 51% and 62% stakes in 'Dioco' and 'TNS', respectively. The total investment amount is 2.32 billion KRW, and the stock acquisition date is the same day.
Dioco is a specialized company developing digital solutions software for dental orthodontics. It holds core technologies related to 3D digital orthodontic software. It developed the essential 2D orthodontic diagnostic program 'SmartCeph' and the world's first real-time tooth movement technology-based 3D diagnostic and simulation program 'AUTOLIGN'.
TNS, a specialized digital dental solution company, researches and develops digital clinical services. It has specialized organizations for digital orthodontic development and clinical marketing.
Dentis plans to strengthen its core competencies in the digital dentistry field, such as 3D diagnostics and CAD software development based on clinical practice, by incorporating these two companies as subsidiaries.
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Shim Kibong, CEO of Dentis, said, "With the recent listing and subsidiary incorporation, we expect acceleration in the digital orthodontics business. Along with the implant market, we will quickly establish ourselves in the digital orthodontics market, which is growing as a major future dental market, and expand our scope as a strategic new business."
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