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Slide #76. Varian Medical Systems — Velocity Software Platform
Acquirer:
Varian Medical Systems (NYSE:VAR)
Acquiree:
Velocity Software Platform
Details:
Varian Medical Systems, Inc., (NYSE: VAR) today announced it has signed an agreement with Velocity Medical Solutions, LLC to acquire certain assets of Velocity, a privately-held Atlanta-based developer of specialized software for cancer clinics.
Varian Medical Systems is a manufacturer of medical devices and software for treating cancer and other medical conditions. Co.'s segments are: Oncology Systems, which designs, manufactures, sells and services hardware and software products for treating cancer with radiotherapy, and treatments such as fixed field intensity-modulated radiation therapy, image-guided radiation therapy, and brachytherapy; Proton Solutions, which develops, designs, manufactures, sells and services products and systems for delivering proton therapy for the treatment of cancer; and Interventional Solutions, which provides products for interventional oncology and interventional radiology procedures and treatments.
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![]() Hold (1.71 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: VAR Stock Forecast Based on Zacks ABR data; powered by Xignite ![]() |
