The popular skin-tightening device manufacturer Thermage Inc. has “turned a new page” in medical aesthetics. Their corporate name has been changed to Solta Medical and a new branding style has been created for the Thermage product.
The reorganization follows their recent purchase of California based Fraxel laser manufacturer, Reliant Technologies; a deal that was initiated last year for approximately $87.5 million.
Both brands (fraxel and Thermage) recently launched new, more user-friendly websites which represent a clear departure from their previous ‘clinical’ styles.
A new stock ticker symbol will be recognized as “SLTM” on the Nasdaq.
In a recent press release, President Stephen J. Fanning commented, “the name and ticker symbol changes are a great start to the New Year and a key milestone in the integration of the acquisition of Reliant Technologies Inc.”
