Eyeonics Acquired By Bausch & Lomb

Bausch & Lomb said Sunday that it is acquiring Aliso Viejo-based Eyeonics, a developer of intraocular lenses for the opthalmic medical device market. Financial terms of the acquisition were not disclosed. According to Bausch & Lomb, Eyeonics will become part of its surgical business, which will be led by Eyeonics founder, Chairman, and CEO J. Andy Corley. Eyeonics' intraocular lens is used for the treatment of cataracts. Eyeonics was founded in 1998.