Varian to acquire Accel Instruments

Radiation therapy firm Varian Medical Systems has signed an agreement to acquire Accel Instruments, a Bergisch Gladbach, Germany-based supplier of proton therapy systems for cancer treatment and scientific research instruments.

Varian said it will invest approximately $30 million to acquire the firm in its entirety, including its debt.

The acquisition will enable Palo Alto, CA-based Varian to offer products for delivering image-guided intensity-modulated proton therapy, the company said.

By AuntMinnie.com staff writers
January 4, 2007

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