Radiation therapy firm Varian Medical Systems announced that it will name its Imaging Components business Varex Imaging, once the spin-off has been established as an independent company.
The current president of the Imaging Components division, Sunny Sanyal, will become CEO of Varex. Varex will focus on components, software, and services for x-ray systems, according to the firm.
Varian expects the spin-off to be completed by the end of this year.