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Hologic to acquire Cynosure, a hair removal, wrinkle reduction company

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Hologic to acquire Cynosure, a hair removal, wrinkle reduction companyHologic, Inc. of Marlborough announced Tuesday morning that it will buy Westford-based Cynosure, marking a $1.65 billion deal between two publicly traded Massachusetts medical device companies focused on women’s health issues.Hologic, whose products include breast cancer biopsy systems and tests to detect sexually transmitted diseases, will pay $66 a share to acquire Cynosure. It will allow Hologic to enter a new market, as Cynosure’s products include laser equipment aimed at hair and tattoo removal, along with cellulite and wrinkle reduction systems.Cynosure shares spiked by nearly 28 percent just after the opening bell Tuesday, to $65.90 after news of the acquisition. Hologic shares were down 3.5 percent, to $38.64.

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