Company Name Calypso Medical Technologies
Mailing Address 2101 Fourth Avenue Seattle, WA 98121
Company Description Calypso Medical Technologies, Inc., was founded in 1999 and is a privately held medical device company located in Seattle, Washington. The Company and its employees are dedicated to enabling physicians with organ motion management solutions that improve delivery of radiation therapy.
M&A Terms The acquisition, which is anticipated to close in early October subject to the satisfaction of certain closing conditions, provides that Varian will pay approximately $10 million for Calypso plus potential earnouts based on unit sales of Calypso products achieved beyond thresholds over the next 30 months.