About Varian
Varian is a company based in Palo Alto (United States) founded in 1948 was acquired by Siemens Healthineers in August 2020. It operates as a HealthTech. The company has 3,361 employees as of September 30, 2019. Varian has completed 15 acquisitions, including Applied Computational Technologies, Aspekt Solutions and CTSI. Varian offers products and services including Cancer Treatment Solutions. Varian operates in a competitive market with competitors including RefleXion, Tempus, Personalis, CancerIQ and Alpha Tau Medical, among others.
- Headquarter Palo Alto, United States
- Employees 3361 as on 30 Sep, 2019
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$3.17 B (USD)-2as on Sep 30, 2020
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Net Profit
$269.4 M (USD)-8as on Sep 30, 2020
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EBITDA
$323.2 M (USD)-16as on Sep 30, 2020
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Latest Funding Round
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Investors
Siemens Healthineers
& 2 more
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Employee Count
3361
as on Sep 30, 2019
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Investments & Acquisitions
Applied Computational Technologies
& 14 more
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Acquired by
Siemens Healthineers
(Aug 02, 2020)
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Products & Services of Varian
Varian offers a comprehensive portfolio of products and services, including Cancer Treatment Solutions.
Solutions for cancer treatment are developed and provided.
People of Varian
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Funding Insights of Varian
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(06 Aug 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Grant - Varian | Valuation |
investors |
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| Nov, 2017 | Amount | Grant - Varian | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Varian | Valuation |
investors |
Investors in Varian
Varian has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Siemens Healthineers, European Union and OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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AI-based medical diagnostics are developed for healthcare applications.
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Founded Year | Domain | Location |
Investments & Acquisitions by Varian
Varian has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Applied Computational Technologies, Aspekt Solutions and CTSI.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Staffing solutions, consulting, and compliance services are provided to clients.
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2020 | ||||
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Provides symptom reporting and patient monitoring bringing software for cancer care through mobile devices
|
2014 | ||||
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Patient-specific recommendations are generated via EHR-integrated decision support.
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2012 |
Financial Statements - Varian
Varian Comparisons
Competitors of Varian
Varian operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RefleXion, Tempus, Personalis, CancerIQ and Alpha Tau Medical, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Biology-guided radiotherapy systems are provided for cancer treatment.
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| domain | founded_year | HQ Location |
AI-based precision medicine solutions for oncology are provided.
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| domain | founded_year | HQ Location |
Genomic sequencing and diagnosis software is provided for healthcare.
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| domain | founded_year | HQ Location |
CancerIQ is focused on precision cancer prevention and care.
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| domain | founded_year | HQ Location |
Radiotherapy technique for solid tumors is developed using alpha-emitting seeds.
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| domain | founded_year | HQ Location |
Molecular cancer profiling is conducted via genomics and proteomics.
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Frequently Asked Questions about Varian
Varian was founded in 1948 and raised its 1st funding round 61 years after it was founded.
Varian is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
As of Sep 30, 2019, the latest employee count at Varian is 3,361.
Annual revenue of Varian is $3.17B as on Sep 30, 2020.
Varian is engaged in the development of advanced technologies and solutions for cancer treatment. The company operates within the healthcare sector, specifically targeting oncology through innovative equipment and services. Collaboration with Siemens Healthineers is emphasized to enhance breakthroughs in the field. Educational initiatives like webinars on oncology and technology usage are also provided to support safe and effective treatment practices.
Varian's top competitors include Tempus, RefleXion and Personalis.
Varian offers Cancer Treatment Solutions.
Varian has made 15 acquisitions, including Applied Computational Technologies, Aspekt Solutions, and CTSI.
Varian has 3 investors. Key investors include Siemens Healthineers, European Union, and OSTI.GOV.