Danaher Corporation
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| Type | Public |
|---|---|
| Traded as | NYSE: DHR S&P 500 Component |
| Industry | Manufacturing |
| Founded | 1969 |
| Headquarters | Washington, D.C., U.S. |
| Area served | Worldwide |
| Key people | Steven M. Rales (Chairman of the Board) H. Lawrence Culp, Jr. (President), (CEO) & (Director) |
| Operating income |  $ 1.869 billion (2008) |
| Net income |  $ 1.317 billion (2008) |
| Total assets | $ 17.490 billion (2008) |
| Total equity | $ 9.808 billion (2008) |
| Employees | 50,300 (July 2009) |
| Divisions | List of divisions |
| Website | www.danaher.com |
The Danaher Corporation is a large global company headquartered in Washington, D.C., United States. Its products are concentrated in the fields of design, manufacture, and marketing of industrial and consumer products.
It operates in four segments: Professional Instrumentation, Medical Technologies, Industrial Technologies, and Tools & Components.
[edit] History
The company was organized in 1969. It was formerly known as DMG, Inc. and changed its name to Diversified Mortgage Investors, Inc. in 1978. Further, the company changed its name to Danaher Corporation in 1984.
The company is named for a river in Montana where the Rales Brothers went fishing. The origin of "Danaher" goes back to the root "Dana", a Celtic word dating from before 700 BC and meaning "swift flowing". Danaher Motion is the US Flagship of Danaher Corporation's Industrial Technologies branch with over $1 billion in sales [1]
UK based West Instruments provides control and measurement instrumentation solutions and services for the global industrial and process markets. [2]
German Instrumentation manufacturer PMA was added to the Industrial Controls Group in 2005 and enhances the range of control and measurement instrumentation solutions.[3]
The Danaher Motion group acquired Kollmorgen, of Radford, Virginia. Danaher Motion can supply some replacement parts for Kollmorgen servo motors through its distribution network. Kollmorgen servo motors are sometimes found on machine tools made by Ingersoll Milling Machine Company.
2005 - July: Danaher Announces Definitive Agreement To Acquire Leica Microsystems The company manufactures a broad range of products for numerous applications requiring microscopic imaging, measurement and analysis. It also offers system solutions in the areas of Life Science including biotechnology and medicine, as well as the science of raw materials and industrial quality assurance.
In early 2007 Danaher acquired Australian Pathology Instrument and Engineering company Vision Systems Limited. [4] Also in 2007, Danaher announced plans for its largest acquisition to date, the purchase of Tektronix, Inc. for 2.85 billion USD. [5]
In September 2009, Danaher entered into an agreement to purchase the Analytical Technologies business unit of Canadian Life Sciences company MDS, Inc. for $650 million USD. In a separate, but related transaction, Danaher also announced that it has signed a definitive agreement with Life Technologies Corporation (Nasdaq: LIFE) to acquire the remaining 50% ownership position in AB SCIEX for $450 million USD. After completion of both transactions, Danaher will own outright AB SCIEX and Molecular Devices. The aggregate purchase price for the combined transactions is $1.1 billion, including debt assumed and net of cash acquired.[6]
In February 2011, Danaher announced that it has entered into a definitive merger agreement with Beckman Coulter.[1]
In December 2011, Danaher announced that is was selling the Accu-sort division to Datalogic, one of Accu-sort's major competitors.
[edit] Divisions
- Test & Measurement
- Arbor Networks
- Fluke
- Comark
- Datapak
- DH Instruments
- Hart Scientific
- Ircom
- Raytek
- Visual Network Systems Ltd
- Fluke Networks
- Keithley Instruments
- Tektronix
- Tektronix Communications
- Environmental
- ChemTreat
- Gilbarco Veeder-Root
- Gasboy
- Red Jacket
- Veeder-Root
- Hach
- Environmental Test Systems
- GLI
- HACH LANGE
- Polymetron
- Hydrolab
- Lachat Instruments
- Marsh-McBirney
- Orbisphere
- Radiometer Analytical
- Trojan Technologies
- Dental
- DEXIS
- Gendex
- KaVo
- Kerr
- Ormco
- Pelton & Crane
- PaloDEx
- Instrumentarium Dental
- Soredex
- Total Care
- Life Sciences & Diagnostics
- Industrial Technologies
- Apex Tool Group (50%)
Other Brands
- ALLTEC
- Amprobe
- Andeson Negele
- Anderson Instrument
- Negele Messtechnik
- Dolan Jenner
- Dynapar
- Northstar
- Harowe
- Hengstler
- ELE
- Gems Sensors & Controls
- G&L Motion Control, Inc
- Hengstler
- Hennessy Industries
- Imaging Sciences International
- Invetech
- Jacobs Vehicle Systems
- Matco Tools
- McCrometer
- Qualitrol
- Robin Electronics
- Setra
- SybronEndo
- Venture Measurement
- Bindicator
- Kistler-Morse
- Levelite
- Niagara Meters
- West Control Solutions
- CAL Controls
- Partlow
- PMA
- West Instruments
