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Bruker Advanced Supercon, Inc. Acquires ACCEL Research Instruments Business from Varian Medical Systems.

Publication: Business Wire
Publication Date: 03-APR-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Acquisition Transforms Bruker Advanced Supercon Business into Global Leader in Superconducting Devices, Superconductors and Advanced Technologies for Alternative Energy Research and Next-Generation Energy Infrastructure.

BILLERICA, Mass. -- Bruker Advanced Supercon, Inc. (Bruker) today announced that it has closed the acquisition of the research instruments portion of Varian Medical Systems' ACCEL Instruments GmbH subsidiary in Bergisch-Gladbach, Germany.

Varian acquired ACCEL, including both its businesses in research instruments (RI) and proton therapy, in January 2007. In the transaction announced today, Varian is retaining the proton therapy business, which will now operate as Varian Particle Therapy, while Bruker has acquired substantially all of the assets of the RI business. The asset deal, which was signed by Bruker and Varian in February 2009, closed on April 1, 2009. Financial terms of the transaction were not disclosed.

The RI business acquired by Bruker is a world leader in the development and manufacturing of a wide variety of advanced superconducting and...

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