M&S Technologies, Inc.

M&S Technologies, Inc. develops advanced vision testing systems, focusing on innovative products that enhance the accuracy and efficiency of eye care assessments for professionals in the field. Founded in 1990, M&S Technologies, Inc. creates specialized vision testing solutions.

The company was acquired by Hilco Vision in December 2020, although specific financial details were not disclosed. The founders, Aanandith Oberoi and Seema More, have significant expertise in the optical industry, contributing to the company’s development and market presence. Its headquarters is located in the United States, serving clients primarily across North America and Europe. M&S Technologies specializes in advanced vision testing systems, offering the Smart System® line, which includes products like the Smart System® 3 | 2020, Smart System PC-Plus, and Smart System® VR Headset.

These systems combine visual acuity testing software with user-friendly configurations and 22-inch screens, catering to optometrists, ophthalmologists, and clinical researchers. The technology supports various applications from routine exams to specialized studies such as dry eye syndrome. M&S Technologies generates revenue through the sale of vision testing systems and software, operating on a direct-to-consumer model with healthcare partnerships. Their flagship product, the Smart System® 3 | 2020, drives a significant portion of sales, complemented by ongoing customer support and updates to ensure client satisfaction.

The company actively participates in trade shows to enhance visibility and engagement. M&S Technologies plans to leverage recent funding from its acquisition to expand its product offerings and market reach. They are focusing on the design of new products set for launch in the near future. The company aims to enter additional markets in Europe and Asia by the end of 2023, enhancing their distribution network in these regions to cater to a growing client base.