Varian Medical Systems Inc., of Palo Alto, Calif., has been busy on the acquisition front, reporting this week the buy of Austin, Texas-based Endocare Inc. and Hangzhou, China-based Alicon. Endocare is a provider of hardware and software solutions supporting cryoablation and microwave ablation, and Alicon focuses on embolic therapy for treating liver cancer in China. Varian said it is financing the $185 million purchase using cash and proceeds from borrowings. Read More
