DENTSPLY International Inc. Acquires Dental Business of San Diego Swiss Machining Inc.Business Editors/Health & Medical Writers YORK, Pa.--(BUSINESS WIRE)--Sept. 18, 2000 DENTSPLY International Inc. (Nasdaq:XRAY) today announced it has completed the acquisition of the ultrasonic dental instrument tip business of San Diego Swiss Machining Inc. (SDSM SDSM Social-Democratic Alliance of Macedonia (The Former Yugolsav Republic of Macedonia) SDSM Software Distributed Shared Memory SDSM Silver Dragon Scale Mail (gaming) SDSM Solar Diffuser Stability Monitor ), in a cash transaction valued at approximately $7.25 million. The acquisition of this business is expected to add approximately $6 million to DENTSPLY's annual sales. Headquartered in Chula Vista, CA, this company produces and distributes a proprietary line of ultrasonic instrument tips used to shape and clean root canals during endodontic therapy. Currently marketed under the CPR Cardiopulmonary Resuscitation (CPR) Definition Cardiopulmonary resuscitation (CPR) is a procedure to support and maintain breathing and circulation for a person who has stopped breathing (respiratory arrest) and/or whose heart has stopped (cardiac tradename, these advanced ultrasonic endodontic Endodontic Pertaining to the inside structures of the tooth, including the dental pulp and tooth root, and the periapical tissue surrounding the root. Mentioned in: Root Canal Treatment endodontic instruments were designed in cooperation with renowned endodontist Endodontist A dentist who specializes in the diagnosis and treatment of disorders affecting the inside structures of the tooth. Mentioned in: Root Canal Treatment, Toothache endodontist (en´dōdon´tist), Dr. Clifford J. Ruddle rud·dle also red·dle or rad·dle n. Red ocherous iron ore, used in dyeing and marking. tr.v. rud·dled, rud·dling, rud·dles To dye or mark with or as if with red ocher: and offer dentists a fast and efficient means to instrument canals. Commenting on the transaction, Mr. John C. Miles II, Chairman and Chief Executive Officer of DENTSPLY, said, "The SDSM acquisition completes our Company's offerings in the important and fast growing endodontic instrument market. These ultrasonic instrument tips will be actively marketed by the DENTSPLY Endodontics endodontics: see dentistry. Division, along with our popular lines of hand-held and machine driven files. Additionally, we look forward to bringing the strengths of our international operations to bear in expanding the sale of these instument tips on a global basis." DENTSPLY designs, develops, manufactures and markets a broad range of products for the dental market. The Company believes that it is the world's leading manufacturer and distributor of dental prosthetics, endodontic instruments and materials, prophylaxis paste, dental sealants, ultrasonic scalers, and crown and bridge materials; the leading United States manufacturer and distributor of dental x-ray equipment, dental handpieces, dental x-ray film holders, film mounts and bone substitute/grafting materials; and a leading United States manufacturer or distributor of impression materials, orthodontic orthodontic (ôr´th  dän´tik),adj appliances, dental cutting instruments, intraoral cameras and dental operatory software systems. The Company distributes its dental products in over 100 countries under some of the most well established brand names in the industry. DENTSPLY is committed to the development of innovative, high quality, cost-effective new products for the dental market. |
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