Thursday, May 24, 2007

Varian Medical Completes Acquisition Of Bio-Imaging Research

Palo Alto-based Varian Medical Systems said today that it has completed its acquisition of Bio-Imaging Research, a supplier of X-ray imaging products. The deal was worth $21M. Illinois-based Bio-Imaging's X-ray products are used for the security and inspection business. Varian said that Bio-Imaging Research has 50 employees, who will operate as part of Varian's Security and Inspection Products unit.