WaveTec is committed to developing and providing innovative wavefront measurement technology for cataract surgeons. WaveTec's revolutionary ORA System® provides real-time, intraoperative refractive information to ophthalmologists worldwide, allowing them to deliver the best possible vision for their cataract patients.

On August 27, 2014 Alcon, the global leader in eye care and the second largest division of Novartis Group, announced that the company has entered into an agreement to acquire WaveTec Vision.