Healthcare apps: Autovative Products becomes GlassesOff, merges with Ucansi
Autovative Products, maker of a smartphone app that promises to make reading glasses a “thing of the past,” changes its name to GlassesOff Inc. and finalizes a merger with medical software company Ucansi.
In a complex sequence of spin-offs, name-changes and mergers, the dust has settled for vision correction company GlassesOff, formerly called Autovative Products and recently restructured through a merger with software company Ucansi.
The former Autovative Products also created a spin-off, Autovative Technologies, which will be headed by former CEO David Funderburk. Uscansi's management and board, including CEO Nimrod Madar, will take over operations of GlassesOff.