By staff writers

December 22, 2016 -- Radiation oncology firm Varian Medical Systems has signed an agreement to acquire PerkinElmer's digital flat-panel x-ray detector business for $276 million.

The acquisition would expand the digital flat-panel x-ray portfolio within Varian's Imaging Components business, which is scheduled to become an independent public company known as Varex Imaging as soon as next month. The transaction with PerkinElmer is expected to close after Varex Imaging separates from Varian and after regulatory approvals.

PerkinElmer's digital flat-panel x-ray detectors are used for medical, dental, industrial, and veterinary imaging systems. The business has approximately 280 employees and is headquartered in Santa Clara, CA, with operations in Germany, the Netherlands, and the U.K.

The soon-to-be Varex Imaging designs and manufactures x-ray imaging components, including tubes and digital flat-panel detectors for medical and industrial applications. The global business generated approximately about $600 million in revenues in fiscal year 2016 (end-September 30).

Copyright © 2016

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