German group Siemens Healthineers AG is in advanced talks to purchase Varian Medical Systems Inc , a maker of devices and software for treating cancer, in a deal that will value the medical device maker at about $15 billion, Bloomberg News reported late on Saturday.
), a maker of devices and software for treating cancer, in a deal that will value the medical device maker at about $15 billion, Bloomberg News reported late on Saturday.The talks could still fall apart, according to Bloomberg.
Varian, based in Palo Alto, California, is focused on developing and delivering innovative cancer treatments and has 10,000 employees. In 2019, it reported total revenue of $3.2 billion.Reporting by Kanishka Singh in Bengaluru; Editing by Cynthia Osterman
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