Siemens Medical Solutions USA, a division of Siemens, has announced the completed acquisition of Bayer
Diagnostics and Diagnostic Products Corp. to form
Siemens Medical Solutions Diagnostics, effective Jan.
1, a deal valued at about $7.5 billion.
Siemens Medical Solutions Diagnostics, headquartered in
Tarrytown, N.Y., is now a wholly owned subsidiary of
Siemens Medical Solutions, Malvern, Pa. The new
business unit employs more than 8,000 people worldwide.
Anthony Bihl, the former president of Bayer
Diagnostics, has been named chief executive officer.