People in the medical imaging components business should get used to hearing a new name: Varex Imaging Corporation — that's what the company formerly known as Varian Imaging Components will be known as once its spin-off is complete.

In May, Varian announced plans to shed its imaging components business in order accelerate growth in its oncology business.

While Varian will continue to be a leader in radiation therapy and proton therapy, Varex Imaging Corporation will be known for manufacturing, X-ray tubes, high-energy X-ray sources, flat panel detectors, connectors, collimators and imaging processing systems.
"As a trusted imaging components partner, we have a laser focus on providing our customers with high-quality and cost-effective products that enable them to develop and deliver new next-generation imaging systems," said Sunny Sanyal, who will remain CEO of the business after the transition is complete, in a statement.

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