Nikon Corporation Pushes Into Medtech With $400 Million Optos Plc Buy

(Reuters) - Nikon (7731.T), the 98-year-old Japanese company best known for its cameras, has agreed to buy British retinal imaging firm Optos (OPTS.L) for 259.3 million pounds ($400 million) as it moves into the medical sector.

Nikon has previously said it intended to enter the medical sector to leverage its optical technologies and the Japanese group sees buying Optos as an important step in that long-term growth plan.

Kazuo Ushida, president of Nikon, said the company would expand the medical business further in the future.

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