| Type | Public (NYSE: VAR) S&P 500 Component |
|---|---|
| Industry | Medical Technology |
| Founded | 1948 |
| Headquarters | Palo Alto, California |
| Key people | Timothy E. Guertin, President and CEO |
| Products | Medical Devices |
| Revenue | $2.1 Billion USD (2008)[1] |
| Employees | 5,100 |
| Website | www.varian.com |
Varian Medical Systems (VMS) (NYSE: VAR) of Palo Alto, California, is a manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. The company supplies informatics software for managing comprehensive cancer clinics, radiotherapy centers and medical oncology practices. Varian is a premier supplier of tubes and digital detectors for X-ray imaging in medical, scientific, and industrial applications and also supplies X-ray imaging products for cargo screening and industrial inspection. Varian Medical Systems employs approximately 5,100 people who are located at manufacturing sites in North America, Europe, and China and approximately 79 sales and support offices around the world.
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Varian was founded in 1948 as Varian Associates by Russell H. Varian, Sigurd F. Varian, William Webster Hansen, and Edward Ginzton to sell the Klystron, the first tube which could generate electromagnetic waves at microwave frequencies, and other electromagnetic equipment. By 1999, Varian Associates had branched into semiconductor, vacuum tube, and medical device fields. On April 2, 1999 these divisions split to become Varian Semiconductor, Varian, Inc. and Varian Medical Systems.
Varian corporate headquarters is in Palo Alto, California. Timothy Guertin has been the CEO since 2006 when he replaced Richard M. Levy, who had been with Varian for 37 years and still serves as chairman of the board of directors. Guertin holds a B.S. in electrical engineering and computer science from the University of California at Berkeley.[2] Varian operates a corporate philanthropy and charitable giving organization through the Varian Medical Systems Foundation. It operates within the Community Foundation of Silicon Valley (CFSV).
Varian has facilities in California, Georgia, Illinois, Massachusetts, Nevada, New Jersey, South Carolina, Utah, Virginia, Austria, Bahrain, Belgium, Denmark, Finland, France, Germany, India, Italy, Netherlands, Russia, Saudi Arabia, Spain, Switzerland, United Kingdom, China, Hong Kong, Japan, Malaysia, Singapore, Thailand, Brazil, Canada, United Arab Emirates and Australia.
Varian Medical Systems has acquired other companies including, but not limited to, Pan-Pacific Enterprises,[7] ACCEL Instruments,[8] Bio-Imaging Research, Inc.[9] Sigma Micro Informatique Conseil,[10], and Argus Software.[11]
Cedara Software's R&D center in Pune(India) in August 2008.