HealthpointCapital, a company focused on orthopedic and dental devices, has completed the acquisition of Blue Belt Technologies.

Blue Belt Technologies is developing next generation of smart surgical instruments which are designed initially to use in orthopedic procedures and later in neurosurgery and ENT procedures.

Blue Belt’s Navio PFS System utilizes a patented technology and via its computer assisted, handheld bone cutting instrument it will offer precise control to surgeons.

HealthpointCapital also appointed Blue Belt’s Eric Timko as new president and CEO.

HealthpointCapital president and CEO Eric Timko said they look forward to introduce their Navio PFS System to physicians around the world.