Varian Medical Systems announced last week that it is acquiring Claymount, a Netherlands-based supplier of x-ray systems and equipment, for $54.5 million. The transaction is expected to be completed soon.
Varian is a manufacturer of medical devices and software designed for treating cancer with radiation. It was founded in 1948 and its headquarters are in Palo, Alto, Calif.
“We are impressed with the Claymount team,” Sunny Sanyal, president of imaging components for Varian, said in a statement. “Claymount extends our technical expertise while giving us additional cost-efficient manufacturing capabilities. Together, we will expand our addressable market with new integrated offerings that should help us grow our share of the global imaging components market. We are excited to have them as a part of our team.”
Joel Nijenhuis, Claymount managing director, is also excited about the deal.
“There is a great strategic fit between both companies,” Nijenhuis said in a statement. “We market a complementary product portfolio and can benefit from each other’s knowledge and strengths. With a strong team on board and support from Varian, we can accelerate product development and expand our business. We look forward to this opportunity.”