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The company was organized in 1969. It was formerly known as DMG, Inc. and changed its name to Diversified Mortgage Investors, Inc. in 1978, then to Danaher Corporation in 1984.
The company was organized in 1969. It was formerly known as DMG, Inc. and changed its name to Diversified Mortgage Investors, Inc. in 1978, then 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 "[[Danu|Dana]]", a [[Celtic languages|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 [http://www.danahermotion.com]
The company is named for the [[Danaher River]] river in [[Montana]] where the Rales Brothers went fishing. Danaher Motion is the US Flagship of Danaher Corporation's Industrial Technologies branch with over $1 billion in sales [http://www.danahermotion.com]


UK based West Instruments provides control and measurement instrumentation solutions and services for the global industrial and process markets. [http://www.westinstruments.com]
UK based West Instruments provides control and measurement instrumentation solutions and services for the global industrial and process markets. [http://www.westinstruments.com]

Revision as of 02:28, 10 May 2012

"Videojet" redirects here. For the handheld game console made by Videojet, a division of Danaher (this article), see Mi2 (console).
Danaher Corporation
Company typePublic
NYSE: DHR
S&P 500 Component
IndustryConglomerate
Founded1969
HeadquartersWashington, D.C., U.S.
Area served
Worldwide
Key people
Steven M. Rales
(Chairman of the Board)
H. Lawrence Culp, Jr.
(President), (CEO) & (Director)
Revenue31,471,000,000 United States dollar (2022) Edit this on Wikidata
Increase $ 1.869 billion (2008)
Decrease $ 1.317 billion (2008)
Total assetsDecrease $ 17.490 billion (2008)
Total equityDecrease $ 9.808 billion (2008)
Number of employees
50,300 (July 2009)
DivisionsList of divisions
Websitewww.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.

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, then to Danaher Corporation in 1984.

The company is named for the Danaher River river in Montana where the Rales Brothers went fishing. 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 made its largest acquisition to date, the purchase of Tektronix, Inc. for 2.85 billion USD. [5]

In 2009 Danaher purchased the Analytical Technologies business unit of Canadian Life Sciences company MDS, Inc. for $650 million USD. In a separate, but related transaction, Danaher agreed with Life Technologies Corporation (Nasdaq: LIFE) to acquire the remaining 50% ownership position in AB SCIEX for $450 million USD, leaving Danaher as outright owner of AB SCIEX and Molecular Devices. The aggregate purchase price for the combined transactions is $1.1 billion.[6]

In 2011 Danaher entered into a definitive merger agreement with Beckman Coulter[1] and sold Accu-sort to Datalogic.

Divisions

Other Brands

References

  1. ^ http://www.danaher.com/news/news_detail.asp?key=399
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