Varian Medical Systems, Inc.

Varian Medical Systems, Inc.

Varian Medical Systems, Inc.

Date Founded



3100 Hansen Way, Palo Alto, CA, 94304-1038, USA

Type of Company


Employees (Worldwide)



Medical Products & Equipment
Industrial Machinery & Manufacturing
Hospitals & Patient Services

Company Description

Varian Medical Systems, Inc. engages in the manufacture of medical devices and software for treating cancer and other medical conditions. It operates through the Oncology Systems and Varian Particle Therapy segments. The Oncology Systems segment designs, manufactures, sells, and services hardware and software products for treating cancer with conventional radiation therapy, and advanced treatments. The Varian Particle Therapy segment delivers proton therapy, a form of external beam radiotherapy using proton beams for the treatment of cancer. The company was founded by William Hansen, Edward Ginzton, Russell Varian, and Sigurd Varian in 1948 and is headquartered in Palo Alto, CA.

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Executives & Employees

President & Chief Executive Officer

Chief Financial Officer & Senior Vice President-Finance

Senior Vice President, General Counsel & Corporate Secretary

Chief Accounting Officer, Senior Vice President & Controller

President of Proton Solutions Division & Chief Growth Officer

Senior Vice President, Finance & Treasurer

Senior Vice President, Regulatory Affairs & Quality Assurance

Senior Vice President-Global Operations

Senior Vice President-People, Places & Communications

Vice President of Marketing, Oncology Systems

Board of Directors

Strategic Advisor at Sumeru Equity Partners LP

Former Head, Building 8 at Facebook, Inc.

Former Executive Vice President, Chief Marketing Officer, Worldwide Government Affairs at Cisco Systems, Inc.

President & Chief Executive Officer at Varian Medical Systems, Inc.

Dean of the School of Medicine at Vanderbilt University

Former Chief Financial Officer & Executive Vice President-Administration at SanDisk LLC

Chief Executive Officer at Smith & Nephew Interventional Pain Assets

Former Group President, International at Medtronic, Inc.

Vice President, Finance at Eli Lilly & Company

Member, Board of Directors at Varian Medical Systems, Inc.

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Varian Medical Systems, Inc.
Owners & Shareholders
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In 1951, marking the 25th anniversary of the founding of Loomis, Sayles & Company, Robert H. Loomis sent a clear message to all clients. Click here to read. More than 60 years later, I echo the words of our founder when he said, "we wish to express our gratitude and appreciation to those who, through these difficult years, have helped us to the success we have enjoyed. We look to the future with humility but with confidence." The biggest difference in today's world is that our pace is faster and our playing field is larger. Given this scenario, our job at Loomis Sayles is to keep a laser-like “eye on the ball” particularly during times of uncertainty and volatility, where both risk and opportunity reside. My goal is to ensure that Loomis Sayles remains a broad-based, house of excellence trusted by our clients and recognized for our record of: Attracting and retaining exceptional investment professionals Providing caring, highly ethical and informative services to our clients Producing strong investment performance across our full stable of products The last five years have been a time of tremendous innovation for us. We have grabbed hold of opportunities presented by market upheaval to unearth some tremendous investments, build off our base and empower people to construct and test new capabilities. By integrating these with existing capabilities, (quantitative research, deeper risk analysis, greater macro-economic firepower, absolute return-oriented strategies and securitized capabilities), I believe we are a better investment firm than ever. On behalf of all Loomis Sayles employees, thank you for placing your confidence in us. From my personal vantage point, I am more confident than ever about the future of our company and the skills and passion of our people to deliver excellence in their work. We look forward to serving your investment needs as we face the ever-changing future together.

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First Eagle Investment Management (FEIM) s a global, value-oriented investment manager that seeks to produce consistent absolute returns over the long-term without regard for industry benchmarks. They construct well-diversified portfolios through cautious security selection with an emphasis on risk aversion. The firm focuses on investments with a substantial margin of safety, healthy balance sheets and clear business models. First Eagle employs bottom-up security analysis that is independent of broad market conditions or industry trends and focuses on downside protection. FEIM currently manages the following primary investment strategies: Global Value & International Value; High Yield; US Opportunities, Multi-Asset Absolute Return; International Small Cap Value; World Opportunities; and Tail Hedge.

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Fiera Capital Corp. (FCC) offers specialized and balanced mandates for pension funds of large Canadian corporations, endowments, foundations, religious organizations, charitable organizations and major municipality and university funds. The firm's institutional investment strategies include: fixed-income, Canadian equity, Liability-driven investing (LDI), foreign equity, non-traditional, asset allocation and ethical and ESG strategies. Their institutional fixed-income strategies include: money market, active universe, active long-term, active short-term municipal, infrastructure bonds, infrastructure debt, tactical, integrated universe, integrated short-term, integrated short/mid-term, corporate bonds, preferred shares, high yield bonds, and global. FCC's Canadian equity strategies include: growth, core, small-cap, small cap core, high income equity, and Selexia. FCC offers US, international, global, global focus and all-country foreign equity strategies. Their non-traditional strategies include North American market neutral, long/short, short-term currency and bonds, arbitrage, diversified lending, infrastructure, real estate, multi-strategy income, and income opportunities. FCC also offers balanced, balanced core, balanced integrated, mandates and the EFT (Endowment, Foundation and Trust) Fund. FCC's ethical and ESG strategies include: active fixed income, Canadian equity value, US equity, global, and the EFT (Endowment, Foundation and Trust) Fund.In addition, FCC provides customized investment management services to meet the specific needs of families, estates, foundations, trusts, endowments and high net-worth individuals. Their private wealth investment strategies include: fixed income, Canadian equity, global equity, non-traditional income, non-traditional capital appreciation, asset allocation, and balanced mandates.

Recent Transactions
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Varian Medical Systems, Inc. purchases Noona Healthcare Oy from Capricorn Venture Partners NV, Inventure Oy, Noaber Ventures BV

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Varian Medical Systems, Inc. purchases Evinance Innovation, Inc.

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Varian Medical Systems, Inc. purchases Mobius Medical Systems LP

Insider Transactions
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Transaction Advisors

Advised onVarian Medical Systems, Inc. purchases GE Medical Systems /Radiotherapy Service & Support Op from General Electric Company


Advised onVarian Medical Systems, Inc. purchases Zmed, Inc.

Legal Advisor

Advised onVarian Medical Systems, Inc. purchases IKOEmed


Advised onVarex Imaging Corp. purchases PerkinElmer, Inc. /Medical Imaging Business from PerkinElmer, Inc.


Advised onVarex Imaging Corp. purchases PerkinElmer, Inc. /Medical Imaging Business from PerkinElmer, Inc.


Advised onVarex Imaging Corp. purchases PerkinElmer, Inc. /Medical Imaging Business from PerkinElmer, Inc.

Advisors & Consultants
Legal Advisor

Partner at Wilson Sonsini Goodrich & Rosati PC


Advisory Partner at Morgan Stanley

Legal Advisor

Partner at Rimon, P.C.


Government of the United Kingdom is the central government of the United Kingdom of Great Britain and Northern Ireland.The government is led by the Prime Minister, who selects all the remaining ministers. The prime minister and the other most senior ministers belong to the supreme decision-making committee, known as the Cabinet.

Through our values of quality, integrity, service, innovation and transparency, Tenet is a disciplined operating company uniquely positioned for growth. Since 2003, Tenet's Commitment to Quality has improved the quality of medical care and patient safety at its hospitals and other businesses by evaluating processes and promoting best practices. As the world in which Tenet operates continues to change, Tenet's Commitment to Quality will remain focused on quality, the growing quality gap relative to top performers in the industry, and the fact that payers and employees use quality as a distinguishing factor. Visit the Quality Care page for more information. Tenet has taken the lead in addressing the needs of the uninsured through its Compact With Uninsured Patients. Established in 2003, the Compact focuses on treating patients without insurance fairly and with respect during and after their treatment, regardless of their ability to pay. Tenet also is committed to working with its patients through financial counseling and alternative payment options.

McKesson is dedicated to delivering the vital medicines, medical supplies and information technologies that enable the health care industry to provide patients better, safer care. McKesson is made up of many businesses, all serving the health care industry. Our businesses fall into one of two primary categories: Distribution solutions. We are the largest pharmaceutical distributor in North America, distributing one-third of the medicines used every day. As one of the leading pharmaceutical companies, we supply more than 40,000 U.S. pharmacy locations, from Wal-Mart to the Department of Veterans Affairs to community pharmacies and hospitals. McKesson is also one of the leading medical supply companies and distributes medical-surgical supplies and homecare supplies. Healthcare Technology solutions. We develop and install healthcare information technology systems that eliminate the need for paper prescriptions and paper medical records. Our software and hardware are used in more than 70% of the nation's hospitals with more than 200 beds. Our hospital information system solutions include electronic health record system (EHR) and clinical decision support system such as Interqual. McKesson's Healthcare IT division also serves diverse areas within the health industry by offering solutions such as pharmacy automation and medical claims management software. McKesson publicly traded on NYSE under MCK Businesses Serving our customers—pharmacies, medical and pharmaceutical manufacturers, hospitals, and insurers—as the health care industry evolves is our primary goal. We have business lines to automate processes from medical supplies packaging to claims management, and revenue cycle management to medical imaging. McKesson's long history in pharmaceutical industry History McKesson has a long history in health care. We’ve been a trusted provider of medical supplies and goods for more than 175 years.

Key Stats and Financials As of 2018
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Non-Profit Donations & Grants
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Augmenix, Inc. develops hydrogel technology to improve outcomes in radiation oncology and surgery. Its products include TraceIT Tissue Marker and SpaceOAR System, which is an absorbable hydrogel spacer that reduces radiation injury to the rectal wall in men undergoing prostate radiotherapy. The company was founded by Amarpreet S. Sawhney in 2008 and is headquartered in Bedford, MA.

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Berkeley Lights, Inc. develops and commercializes platforms on which many bio-pharmaceutical, genomic, and cellular therapy applications will run. Its platform Beacon, suited for cell line development and direct B-cell antibody discovery workflows. The company was founded by Igor Khandros, William H. Davidow, Michael E. Marks, and Ming C. Wu in 2011 and is headquartered in Emeryville, CA.

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Epic Sciences, Inc. develops novel diagnostics to the treatment and management of cancer. It develops sensitive diagnostic tests to molecularly characterize circulating tumor cells in the blood. The firm also offers fluid-phase biopsy that identifies rare cell of interest in the blood; and provides cancer management through earlier diagnosis, staging and therapeutic selections. The company was founded by David M. Nelson in 2008 and is headquartered in San Diego, CA.

Comtech Telecommunications Corp. IT Consulting & Services | Melville, NY

Comtech Telecommunications Corp. engages in the design, development, production, and market of products, systems, and services for advanced communications solutions. It operates through the Commercial Solutions and Government Solutions segment. The Commercial Solutions segment offers satellite communications, public safety systems, and enterprise application technologies, which serves commercial customers and smaller government customers, such as state and local governments. The Government Solutions segment covers the integrated satellite equipment and designs, installs and operates data networks that integrate computing and communications. The company was founded in 1967 and is headquartered in Melville, NY.

Silicon Laboratories, Inc. Internet Software & Services | Austin, TX

Silicon Laboratories (NASDAQ: SLAB) is an industry leader in the innovation of high-performance, analog-intensive, mixed-signal ICs. Mixed-signal ICs enable the analog world we live in to interact with the digital world of computing. Electronics ranging from your thermostat to your Smartphone are using more and more mixed-signal content as they become “smarter,” connected and more useful.

Teledyne e2v Ltd. Other Manufacturing | Chelmsford, EX

e2v technologies plc Our people apply their expertise to create innovative solutions for high performance systems; designing, developing and manufacturing inspirational solutions for the most exacting requirements of global systems companies. Our vision is to be the company most trusted to deliver advanced technology and vital services for critical systems e2v: when performance counts Our people Always work to deliver excellence and value to our customers through long-term partnerships Are recognised and respected as experienced and talented people Demonstrate a strong competency in design, manufacture, service and support across our core technologies and market areas Understand our responsibilities to managing and minimising the environmental impact of our activities We strive to work to our core values of: Customers first Excellence throughout Integrity We offer: RF power solutions for: defence electronic countermeasures, radiotherapy cancer treatment machines, Radar systems, Stellar satellite communications amplifiers, Industrial heating, Cargo screening, ProWave Industrial processing systems, missile control safety & arming devices and digital television transmitters. High performance imaging solutions including CCD & CMOS sensors and cameras, for space and earth observation imaging, science and life science imaging, machine vision, ophthalmology and dental x-ray systems and fire, rescue & security thermal imaging. Hi-rel semiconductor solutions for aerospace & defence programmes requiring: lifecycle management, hi-rel microprocessors, high speed data converters, high reliability ICs with lifetime continuity of supply, assembly & test services and MRAMs. For the year ended 31 March 2012, we achieved sales of £235m and are listed on the London Stock Exchange. We have approximately 1650 employees in European, US and Asia Pac design, development and manufacturing facilities. Sales and technical support are provided by four global sales and support territory bases to a total of more than 50 countries. As a result of our track record of innovation and technological breakthroughs, e2v continues to be involved in many high-profile ground breaking programmes, including: Airbus A380 Boeing 757, 767, 747, 777, and in the new 787 European Space Agency Gaia mission to map our galaxy US Patriot air and missile defence system Eurofighter Typhoon Hubble space telescope upgrade project Our success is built on long established relationships with industry partners: for example with Freescale Semiconductor, to develop and supply extended reliability versions of their microprocessors. The combination of our in-house technical capability, (which has resulted in nearly 200 patent families being granted to the e2v group), and links with technical authorities and universities, ensures that we can bring together the right level of expertise for a diverse range of technical challenges

Viewray Technologies, Inc. Other Business & Consulting Services - OAKWOOD VILLAGE , OH

Viewray Technologies, Inc. develops radiation therapy technology for the treatment of cancer. It operates through the MRIdian system software. The company was founded by James F. Dempsey and Russell S. Donda in March 2004 and is headquartered in Oakwood Village, OH.

Royal Philips Appliances & Electronics - Amsterdam, NH

Royal Philips Electronics of the Netherlands is a diversified Health and Well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs approximately 128,000 employees in more than 60 countries worldwide. With sales of EUR 27 billion in 2007, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in flat TV, male shaving and grooming, portable entertainment and oral healthcare.

Hitachi Ltd. Appliances & Electronics - Tokyo, TY

Hitachi Ltd. engages in the manufacture and sale of electrical equipment. It operates through the following segments: Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems, Others, and Financial Services. The Information and Telecommunication Systems segment offers systems integration, outsourcing services, software, disk array subsystems, servers, mainframes, telecommunications equipment, and automated teller machine (ATM) services. The Social Infrastructure and Industrial Systems segment provides infrastructure products and services, industrial equipment, and energy-saving solutions that help to reduce environmental impact and promote urban development. The Electronic Systems and Equipment segment manufactures semiconductor, liquid crystal display (LCD), test and measurement equipment, medical electronics equipment, power tools, and electronic parts manufacturing systems. The Construction Machinery segment offers products for civil engineering and construction, building and structural demolition, mining and excavation such as hydraulic excavators, wheel loaders, and mining dump trucks. The High Functional Materials and Components segment produces wires and cables, semiconductor and display-related materials, circuit boards and materials, specialty steels, magnetic materials and components, and high grade casting components and materials. The Automotive Systems segment offers engine management systems, electric power train systems, drive control systems, and car information systems. The Smart Life and Ecofriendly Systems provides energy-efficient home appliances, lighting and housing equipment, refrigerating and air-conditioning solutions. The Others segment offers logistics and property management services. The Financial Services segment deals with leases, loan guarantees and insurance services, and conducts business in the area of securitization. The company was founded by Namihei Odaira in 1910 and is headquartered in Tokyo, Japan.

Awards & Honors
Rank #708
Fortune Magazine - Fortune 1000 Companies
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