Siemens Healthineers, a medical equipments manufacturer, completed the acquisition of Varian Medical Systems, a radiation oncology treatments and software manufacturer, for $16.4bn. "With the completion of this transaction, we are now best-positioned to take two leaps together: a leap in cancer care and a leap in our impact on healthcare overall. Together, we are establishing a strong and trusted partner capable of supporting customers and patients along the entire cancer care continuum as well as through all major clinical pathways," Bernd Montag, Siemens Healthineers CEO. October 15, 2020: Varian stockholders approve the $16.4bn combination with Siemens.