Varian Acquires Calypso Medical Technologies for $10,000,000

  • Feed Type
  • Date
    9/19/2011
  • Company Name
    Calypso Medical Technologies
  • Mailing Address
    2101 Fourth Avenue Seattle, WA 98121
  • Company Description
    Calypso Medical Technologies, Inc., was founded in 1999 and is a privately held medical device company located in Seattle, Washington. The Company and its employees are dedicated to enabling physicians with organ motion management solutions that improve delivery of radiation therapy.
  • Website
    http://www.calypsomedical.com
  • Transaction Type
    M&A
  • Transaction Amount
    $10,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition, which is anticipated to close in early October subject to the satisfaction of certain closing conditions, provides that Varian will pay approximately $10 million for Calypso plus potential earnouts based on unit sales of Calypso products achieved beyond thresholds over the next 30 months.

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