Healthcare IT Business
OpTx purchased for US$18 million by California company
Varian Medical Systems Inc. of Palo Alto, Calif., announced it will
acquire Denver-based OpTx, a privately held supplier of software for
medical oncology practices in cancer clinics, for approximately $18
million. OpTx was launched in Winnipeg, and still employs staff there
and in Edmonton, along with Denver.
According to the company, about 60 employees at these offices are being
offered jobs with Varian, and the facilities in Winnipeg, Edmonton and
Denver will remain open.
Varian officials said they anticipate the acqunearly neutral to earnings
for the company in the current fiscal isition initially will add annual
revenues of approximately $9 million and be year.
The acquisition will enable Varian to offer an integrated software
system for managing and coordinating radiation therapy and chemotherapy
routinely used in the treatment of cancer.
Varian will own the OpTxTools software, which it will continue to
develop, sell, install and service worldwide as a stand-alone product
for medical oncology practices and as part of its VARiS software for
coordination with radiation oncology.
"By acquiring this proven software product, we can now integrate it more
seamlessly into our VARiS software for radiation therapy," said Richard
Levy, chairman and CEO of Varian Medical Systems, in a statement. "This
will enable Varian to provide cancer treatment facilities with software
that combines and manages information including appointments, treatment
regimens, and charge capture for both radiation therapy and chemotherapy
within a single electronic medical record for every patient.