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Saturday, Apr 11, 2026

Advanced Medical Buy Now Q2 Deal

Santa Ana-based Advanced Medical Optics Inc. said Wednesday it sees its buy of Santa Clara-based Visx Inc. concluding in the second quarter instead of the current one.

Advanced Medical and Visx said they are awaiting year-end audited financial results for inclusion in a proxy statement for shareholders voting on the acquisition.

News of the delay sent Advanced Medical’s shares down 1.4% at the close of trading Wednesday. Shares of Visx were off 1.3%.

In November, Advanced Medical, which makes eye surgery and contact lens care products, announced plans to buy Visx for $1.3 billion.

Visx makes laser devices for vision correction surgery. The company recently reported lower quarterly profits due to acquisition-related expenses.

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