Varian Medical Systems

The Competition Commission of India approved the acquisition of 100% of Varian Medical Systems by Siemens Healthineers Holding I GmbH, a subsidiary of Siemens Healthineers. The deal gives Siemens Healthineers sole control of Varian.

Siemens Healthineers announced it will purchase all shares of Varian Medical Systems for $177.50 per share in cash, a total of $16.4 billion. The merger aims to create a global leader in cancer care, with Varian retaining its brand. The transaction is expected to close in the first half of 2021.

Hull University Teaching Hospital awarded a £1.5 million contract to Varian Medical Systems UK Ltd for the supply of a Halcyon linear accelerator with kV imaging.

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.

Varian Medical has won an approximately $7.1 million delivery order from the U.S. Department of Defense to supply two linear accelerator systems to the Navy. The contract was announced on April 19, 2019.

Medical Specialist Holdings (MSH) selected Varian to equip seven of its centers in South Africa with linear accelerators and Eclipse treatment planning system. The order includes three Halcyon, two TrueBeam, and two VitalBeam systems, with a 3-year rollout plan.

Varian Medical acquired Cooperative CL Enterprises, a Taiwanese distributor of radiotherapy equipment, for an undisclosed amount. The deal was announced on May 7, 2018.

Varian Medical Systems acquired radiation oncology quality assurance software maker Mobius Medical Systems for an undisclosed amount. Mobius' QA software is used at over 1,000 sites globally.

Varian Medical Systems agreed to acquire Sirtex Medical for $1.3 billion, gaining control of Sirtex's radioembolization technology for cancer treatment.

Queen's Hospital in Romford, UK, will receive the country's first two Varian Halcyon radiotherapy treatment devices, with the first delivery scheduled for late September 2017. The systems are designed for high-throughput image-guided radiotherapy.

Varian Medical Systems installed a ProBeam cyclotron at the Georgia Proton Treatment Center in Atlanta, Georgia. The center, operated by Emory Healthcare, is scheduled to begin treating patients in late 2018 and will feature five treatment rooms.

Varian Medical Systems announced an agreement to acquire PerkinElmer's Medical Imaging business for $276 million, to be added to its Varex Imaging business after separation.