Syneron Medical Ltd., also known as Syneron Candela, is a company that develops and markets devices for cosmetic surgery procedures like hair removal and wrinkle treatments.
Lumenis sued Eckhouse and Syneron in 2002 for theft of trade secrets.
[1] The litigation was resolved in 2004, with Syneron paying Lumenis $1.5M and royalties.
[2] When the financial crisis of 2007–2008 hit, the company was not able to sustain its growth; it acquired Candela, which sold similar products to dermatologists and plastic surgeons.
[3] In 2017 Syneron was acquired by Apax Partners, which took the company private.