# Varian to acquire Cancer Treatment Services International for $283 million

Varian Medical Systems has reached an agreement to acquire Cancer Treatment Services International (CTSI) for $283 million. CTSI operates the American Oncology Institute in Hyderabad and 10 multidisciplinary cancer centres across the Indian subcontinent.

- Type: Acquisition
- Announced: 2019-05-21
- Where: Hyderabad, India, India
- Value: $283.0M
- Status: announced
- Products: cancer treatment services
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Varian Medical Systems](https://endata.com/companies/20961.md) (acquirer)
- [Cancer Treatment Services International](https://endata.com/companies/39507.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/tpg-growth-to-sell-cancer-treatment-services-to-varian-medical-systems-for-283-mn/article27197346.ece), 2019-05-21: "Our acquisition of CTSI will allow us to better support oncology centres globally."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.