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Industry Impact: Siemens Healthineers $16.4Bn Acquisition Of Varian – What Next?

 
• By Catherine Longworth

Siemens Healthineers' acquisition of radiation oncology company Varian Medical Systems creates an oncology giant. Analysts disagree on whether its the right move for the companies.

Businessman covering his face using a white paper with drawn question mark, like a mask, for hiding his identity. Isolated gray wall background.

Siemens Healthineers AG $16.4bn deal to buy Varian Medical Systems may have raised eyebrows in the industry as it represented a bold move by the company to position itself as the leading cancer company.

Varian Medical Systems is the world’s largest manufacturer of radiation therapy devices and linear accelerators, holding more than 50% of the world’s installed based in 2019. (Also see "Siemens...

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