Varian to acquire InfiMed for $15M+
Varian Medical Systems will acquire InfiMed, which supplies workstations including hardware and software for processing x-ray images.
The acquisition, which is expected to close in early April subject to the satisfaction of certain closing conditions, will operate within Varian’s x-ray products segment. The agreement provides that Varian will pay approximately $15 million for InfiMed plus earnouts based on sales of InfiMed products achieved over the next two years. Varian stated it expects that the acquisition will be about neutral to earnings per diluted share in fiscal year 2012.
The acquisition, which is expected to close in early April subject to the satisfaction of certain closing conditions, will operate within Varian’s x-ray products segment. The agreement provides that Varian will pay approximately $15 million for InfiMed plus earnouts based on sales of InfiMed products achieved over the next two years. Varian stated it expects that the acquisition will be about neutral to earnings per diluted share in fiscal year 2012.