Varex Imaging

#4971

Rank

$717.79M

MarketCap US

US United States

Country

Summary
Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital detectors, high voltage connectors, image-processing software and workstations, 3D reconstruction and computer-aided diagnostic software, collimators, automatic exposure control devices, generators, heat exchangers, ionization chambers, and buckys. This segment's products are used in a range of applications, including radiographic and fluoroscopic imaging, mammography, computed tomography, oncology, CT, cardiac, surgery, dental, computer-aided detection, and other diagnostic radiography uses. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital detectors, and high voltage connectors for use in security and inspection applications, such as airport security, cargo screening at ports and borders, and nondestructive testing and examination in various applications. The company sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. It has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was incorporated in 2016 and is headquartered in Salt Lake City, Utah.

History

The company was established in 1976 and has grown to be an industry leader in x-ray imaging with production plants, offices, and sales outlets around the world.


Mission
Our mission is to be a world leader in developing, manufacturing and marketing X-ray imaging components and systems that enhance performance, quality and value.

Vision
Our vision is to be the most customer-focused X-ray imaging company in the world, creating innovative X-ray components and systems that add value to our customers' applications.

Key Team

Dr. Brian W. Giambattista Ph.D. (Sr. VP & GM of X-Ray Detectors)

Mr. Andrew J. Hartmann (Sr. VP of Medical Global Sales & Marketing)

Mr. Christopher John Belfiore (Director of Investor Relations)

Mr. Mark S. Jonaitis (Sr. VP & GM of X-Ray Sources)

Mr. Shaohua Liang (VP & MD for China)

Stephen DeVita (Sr. VP & GM of Industrial Imaging)


Recognition and Awards
Varex has won numerous awards for its innovation and performance, including being recognized as one of the 'Top 10 Companies for Innovation in X-ray Imaging' by Frost & Sullivan.

References
Varex Imaging
Leadership team

Mr. Sunny S. Sanyal (Pres, CEO & Director)

Mr. Shubham Maheshwari (CFO & Principal Accounting Officer)

Ms. Kimberley E. Honeysett (Chief Legal Officer, Gen. Counsel & Corp. Sec.)

Products/ Services
Health Care, Manufacturing, Medical Device
Number of Employees
1,000 - 20,000
Headquarters
Salt Lake City, Utah, United States
Established
2016
Company Registration
SEC CIK number: 0001681622
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
VREX
Social Media
Fri Mar 01 2024
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