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

07 Aug 2020

• 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.

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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...