Varian Medical Systems Buys InfiMed
Palo Alto-based Varian Medical Systems, which manufactures medical devices and software for the radiotherapy, radiosurgery, and brachytherapy market, announced today that it has acquired InfiMed, a developer of workstations for processing diagnostic X-ray images. Varian said it will pay approximately $15M for InfiMed, plus earnout based on sales over the next 24 months. InfiMed was founded in 1983, and generates around $15M in annual revenues, according to Varian. InfiMed was based in Syracuse, New York.
posted on Monday, March 5, 2012
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