Danaher Corporation: Difference between revisions
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{{Use mdy dates|date=November 2023}} {{Use American English|date=November 2023}} |
{{Use mdy dates|date=November 2023}} {{Use American English|date=November 2023}} |
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{{Cleanup-PR|date=December 2019}} |
{{Cleanup-PR|date=December 2019}} |
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{{COI|date=October 2024}} |
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{{Infobox company |
{{Infobox company |
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| logo = Danaher logo since 2023.svg |
| logo = Danaher logo since 2023.svg |
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| traded_as = {{ubl|{{NYSE|DHR}}|[[S&P 100]] component|[[S&P 500]] component}} |
| traded_as = {{ubl|{{NYSE|DHR}}|[[S&P 100]] component|[[S&P 500]] component}} |
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| industry = [[Conglomerate (company)|Conglomerate]] |
| industry = [[Conglomerate (company)|Conglomerate]] |
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| founded = {{ubl|{{Start date and age|1969}} (as DMG)|{{start date and age|1984}} (as Danaher)}} |
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|{{start date and age|1984}} (as Danaher)}} |
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| area_served = Worldwide |
| area_served = Worldwide |
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| key_people = Steven Rales |
| key_people = Steven Rales ([[chairman of the board]])<br />Mitchell Rales (chairman of the executive committee)<br />Rainer Blair ([[President (corporate title)|president]] and [[Chief executive officer|CEO]]) |
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| revenue = {{decrease}} {{US$|23.9 billion|link=yes}} (2023) |
| revenue = {{decrease}} {{US$|23.9 billion|link=yes}} (2023) |
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| operating_income = {{decrease}} {{US$|5.20 billion}} (2023) |
| operating_income = {{decrease}} {{US$|5.20 billion}} (2023) |
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[[File:Danaher Corporation logo.svg|thumb|Former logo]] |
[[File:Danaher Corporation logo.svg|thumb|Former logo]] |
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'''Danaher Corporation''' is an American |
'''Danaher Corporation''' is an American global conglomerate founded in 1984 by brothers [[Steven Rales|Steven]] and [[Mitchell Rales]]. Headquartered in [[Washington, D.C.]], the company designs, manufactures, and markets medical, industrial, and commercial products and services.<ref name=10K/><Ref name="nzherald">Drummond, Bob (2 April 2004). [https://www.nzherald.co.nz/business/takeover-wizards/KOL3CQMLU5VIESGGZ2RL5653Y4/ Takeover Wizards], ''New Zealand Herald''</ref><ref name="low2">Valdez, Angela (6 June 2008). [https://washingtoncitypaper.com/article/233740/a-very-private-collection/https://washingtoncitypaper.com/article/233740/a-very-private-collection/ A Very Private Collection], ''[[Washington City Paper]]''</ref> Danaher was among the first companies in North America to adopt [[Kaizen]] principles, a Japanese [[lean manufacturing]] philosophy of continuous improvement and efficiency.<ref>{{cite web | url=https://www.fortive.com/about-us/our-history | title=Fortive and Danaher, Steven and Mitchell Rales | website=Fortive}}</ref><ref name="bloom15">Fox, Justin (19 May 2015). [https://web.archive.org/web/20170519090210/https://www.bloomberg.com/view/articles/2015-05-19/what-makes-danaher-corp-such-a-stock-market-star- What Makes Danaher Corp. Such a Star?], ''Bloomberg'' (discussing kaizen and privacy of company)</ref> The company held $78.5 billion in assets {{as of|2024|lc=y}}. |
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==History== |
==History== |
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=== Early years === |
=== Early years === |
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The company's origins go back to a [[Massachusetts]] [[real estate investment trust]] organized in 1969 as DMG, Inc. In 1978, DMG, Inc. was reorganized as a Florida corporation and changed its name to Diversified Mortgage Investors, Inc. DMG had been invested in retirement home developments when it was taken over by the Rales, and in 1984, the company adopted the name Danaher and reincorporated |
The company's origins go back to a [[Massachusetts]] [[real estate investment trust]] organized in 1969 as DMG, Inc. In 1978, DMG, Inc. was reorganized as a Florida corporation and changed its name to Diversified Mortgage Investors, Inc. DMG had been invested in retirement home developments when it was taken over by the Rales brothers, and in 1984, the company adopted the name Danaher and reincorporated under the [[Delaware General Corporation Law]].<Ref name="nzherald"/><ref name=10K/> It was named after Danaher Creek in [[Western Montana]], where the brothers conceptualized it while fishing.<ref>{{cite web | url=https://www.danaher.com/who-we-are/danaher-story | title=The Danaher Story | website=Danaher}}</ref><Ref name="nzherald"/><Ref name="post 2008">Heath, Thomas (7 July 2008). [https://web.archive.org/web/20171025022617/http://www.washingtonpost.com/wp-dyn/content/article/2008/07/06/AR2008070601875.html The Quiet Dynamism of the Brothers Rales], ''[[The Washington Post]]''</ref> |
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In June 1986, Danaher purchased [[Chicago Pneumatic]] (CP), which had merged in July 1984 with a sister company, the Jacobs Manufacturing Co. (Jacobs), and which had purchased [[Matco Tools|Matco Tools Corp.]] (MTC) in April 1981. |
In June 1986, Danaher purchased [[Chicago Pneumatic]] (CP), which had merged in July 1984 with a sister company, the Jacobs Manufacturing Co. (Jacobs), and which had purchased [[Matco Tools|Matco Tools Corp.]] (MTC) in April 1981. |
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Within two years of Danaher's founding in 1984, Danaher acquired 12 companies as part of a strategy to enter the [[manufacturing]] business. Therefore, in 1986, Danaher added [[Qualitrol]] to its [[instrumentation]] unit.<ref name="About Qualitrol">{{cite web|title=About the Company|url=http://www.qualitrolcorp.com/About_Qualitrol/|publisher=Qualitrol|access-date=6 July 2012|year=2012}}</ref> The unit also included [[Gilbarco Veeder-Root]]'s underground fuel storage sensors, Dynapar's motion sensors<ref name="Dynapar SSI Encoders">{{cite web|title=Dynapar Motion Control Sensor Rotary Encoders & Resolvers |url=https://www.dynapar.com/Products/Technology_Overview/ |publisher=Dynapar |year=2016 |url-status=dead |archive-url=https://web.archive.org/web/20160809184920/https://www.dynapar.com/Products/Technology_Overview/ |archive-date=2016-08-09 }}</ref> and Qualitrol's [[Pressure measurement|pressure]] and [[Temperature measurement|temperature]] measurement instruments, used on the electrical transformer industry.<ref name="Danaher Corporation">{{cite web|last=Dubovoj|first=Sina|title=Danaher Corporation|url=http://findarticles.com/p/articles/mi_gx5202/is_2006/ai_n19123608/|publisher=Resource Library CBS Interactive|access-date=12 June 2012|author2=Ingram, Frederick|year=2006}}</ref> |
Within two years of Danaher's founding in 1984, Danaher acquired 12 companies as part of a strategy to enter the [[manufacturing]] business. Therefore, in 1986, Danaher added [[Qualitrol]] to its [[instrumentation]] unit.<ref name="About Qualitrol">{{cite web|title=About the Company|url=http://www.qualitrolcorp.com/About_Qualitrol/|publisher=Qualitrol|access-date=6 July 2012|year=2012}}</ref> The unit also included [[Gilbarco Veeder-Root]]'s underground fuel storage sensors, Dynapar's motion sensors<ref name="Dynapar SSI Encoders">{{cite web|title=Dynapar Motion Control Sensor Rotary Encoders & Resolvers |url=https://www.dynapar.com/Products/Technology_Overview/ |publisher=Dynapar |year=2016 |url-status=dead |archive-url=https://web.archive.org/web/20160809184920/https://www.dynapar.com/Products/Technology_Overview/ |archive-date=2016-08-09 }}</ref> and Qualitrol's [[Pressure measurement|pressure]] and [[Temperature measurement|temperature]] measurement instruments, used on the electrical transformer industry.<ref name="Danaher Corporation">{{cite web|last=Dubovoj|first=Sina|title=Danaher Corporation|url=http://findarticles.com/p/articles/mi_gx5202/is_2006/ai_n19123608/|publisher=Resource Library CBS Interactive|access-date=12 June 2012|author2=Ingram, Frederick|year=2006}}</ref> |
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The Danaher Motion group acquired [[Kollmorgen]], of [[Radford, Virginia]].<ref>{{cite web |url=http://edgar.secdatabase.com/2522/92838503001027/filing-main.htm |title=Danaher Corp, Form 8-K, Current Report, Filing Date Apr 1, 2003 |publisher=secdatabase.com |access-date =Mar 30, 2013}}</ref> |
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=== 1990–2000 === |
=== 1990–2000 === |
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In early 2007 Danaher acquired Australian Pathology Instrument and Engineering company Vision Systems Limited.<ref name="Danaher-Corp-Oct-2006-10-Q">{{cite web|url=http://edgar.secdatabase.com/70/119312506210301/filing-main.htm |title=Danaher Corp, Form 10-Q, Quarterly Report, Filing Date Oct 19, 2006 |publisher=secdatabase.com |access-date =Mar 30, 2013}}</ref> Also in 2007, Danaher made its largest acquisition to date, the purchase of [[Tektronix, Inc.]] for US$2.85 billion.<ref name="Danaher-Corp-Nov-2007-8-K">{{cite web|url=http://edgar.secdatabase.com/299/89882207001390/filing-main.htm |title=Danaher Corp, Form 8-K, Current Report, Filing Date Nov 21, 2007 |publisher=secdatabase.com |access-date =Mar 30, 2013}}</ref><ref>{{Cite news|title = Danaher to Buy Tektronix for $2.85 Billion|url = https://www.nytimes.com/2007/10/16/business/16deal.html|newspaper = The New York Times|date = 2007-10-16|access-date = 2015-04-28|issn = 0362-4331}}</ref> |
In early 2007 Danaher acquired Australian Pathology Instrument and Engineering company Vision Systems Limited.<ref name="Danaher-Corp-Oct-2006-10-Q">{{cite web|url=http://edgar.secdatabase.com/70/119312506210301/filing-main.htm |title=Danaher Corp, Form 10-Q, Quarterly Report, Filing Date Oct 19, 2006 |publisher=secdatabase.com |access-date =Mar 30, 2013}}</ref> Also in 2007, Danaher made its largest acquisition to date, the purchase of [[Tektronix, Inc.]] for US$2.85 billion.<ref name="Danaher-Corp-Nov-2007-8-K">{{cite web|url=http://edgar.secdatabase.com/299/89882207001390/filing-main.htm |title=Danaher Corp, Form 8-K, Current Report, Filing Date Nov 21, 2007 |publisher=secdatabase.com |access-date =Mar 30, 2013}}</ref><ref>{{Cite news|title = Danaher to Buy Tektronix for $2.85 Billion|url = https://www.nytimes.com/2007/10/16/business/16deal.html|newspaper = The New York Times|date = 2007-10-16|access-date = 2015-04-28|issn = 0362-4331}}</ref> |
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ChemTreat was acquired by [[Danaher]] in 2007 as well.<ref name="Blackwell">{{Cite web|last=Blackwell|first=John Reid|title=Buyout enriches workers|url=https://richmond.com/news/buyout-enriches-workers/article_29ea4674-a1de-54cd-b7ee-c085cd7f126d.html|access-date=2021-01-06|website=Richmond Times-Dispatch|date=July 8, 2007 |language=en}}</ref> |
[https://www.chemtreat.com/ ChemTreat] was acquired by [[Danaher]] in 2007 as well.<ref name="Blackwell">{{Cite web|last=Blackwell|first=John Reid|title=Buyout enriches workers|url=https://richmond.com/news/buyout-enriches-workers/article_29ea4674-a1de-54cd-b7ee-c085cd7f126d.html|access-date=2021-01-06|website=Richmond Times-Dispatch|date=July 8, 2007 |language=en}}</ref> |
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In 2009 Danaher purchased the Analytical Technologies business unit of Canadian Life Sciences company MDS, Inc. for US$650 million.<ref name="Danaher-Corp-Feb-2010-10-K">{{cite web|url=http://pdf.secdatabase.com/2022/0001193125-10-038977.pdf |title=Danaher Corp, Form 10-K, Annual Report, Filing Date Feb 24, 2010 |publisher=secdatabase.com |access-date =Mar 29, 2013}}</ref> In a separate, but related transaction, Danaher agreed with [[Life Technologies (Thermo Fisher Scientific)|Life Technologies Corporation]] (Nasdaq: LIFE) to acquire the remaining 50% ownership position in AB SCIEX for US$450 million, leaving Danaher as outright owner of AB SCIEX and Molecular Devices. The aggregate purchase price for the combined transactions is $1.1 billion.<ref>{{cite web |url=http://www.theglobeandmail.com/globe-investor/mds-sells-unit-to-focus-on-isotopes/article1273003/ |title=MDS shares soar on restructuring - the Globe and Mail |website=www.theglobeandmail.com |access-date=14 January 2022 |archive-url=https://web.archive.org/web/20090902165959/http://www.theglobeandmail.com/globe-investor/mds-sells-unit-to-focus-on-isotopes/article1273003/ |archive-date=2 September 2009 |url-status=dead}}</ref> |
In 2009 Danaher purchased the Analytical Technologies business unit of Canadian Life Sciences company MDS, Inc. for US$650 million.<ref name="Danaher-Corp-Feb-2010-10-K">{{cite web|url=http://pdf.secdatabase.com/2022/0001193125-10-038977.pdf |title=Danaher Corp, Form 10-K, Annual Report, Filing Date Feb 24, 2010 |publisher=secdatabase.com |access-date =Mar 29, 2013}}</ref> In a separate, but related transaction, Danaher agreed with [[Life Technologies (Thermo Fisher Scientific)|Life Technologies Corporation]] (Nasdaq: LIFE) to acquire the remaining 50% ownership position in AB SCIEX for US$450 million, leaving Danaher as outright owner of AB SCIEX and Molecular Devices. The aggregate purchase price for the combined transactions is $1.1 billion.<ref>{{cite web |url=http://www.theglobeandmail.com/globe-investor/mds-sells-unit-to-focus-on-isotopes/article1273003/ |title=MDS shares soar on restructuring - the Globe and Mail |website=www.theglobeandmail.com |access-date=14 January 2022 |archive-url=https://web.archive.org/web/20090902165959/http://www.theglobeandmail.com/globe-investor/mds-sells-unit-to-focus-on-isotopes/article1273003/ |archive-date=2 September 2009 |url-status=dead}}</ref> |
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In 2019, Danaher was ranked by [[Forbes]] as one of the best employers for diversity.<ref>{{Cite web|title=Danaher on the Forbes Best Employers for Diversity List|url=https://www.forbes.com/companies/danaher/|work=[[Forbes]]}}</ref> |
In 2019, Danaher was ranked by [[Forbes]] as one of the best employers for diversity.<ref>{{Cite web|title=Danaher on the Forbes Best Employers for Diversity List|url=https://www.forbes.com/companies/danaher/|work=[[Forbes]]}}</ref> |
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On Monday, March 2, 2020, Dr. Stephen Hahn, the |
On Monday, March 2, 2020, [[Stephen Hahn|Dr. Stephen Hahn]], the FDA's commissioner, said that the agency had taken actions to allow private labs and companies to begin making their own coronavirus tests in order to greatly expand the U.S. capacity to test for the virus. Hahn went on to note, "There will be—the estimates we're getting from industry right now, by the end of this week, close to a million tests will be able to be performed."<ref>{{Cite news|url=https://www.nytimes.com/2020/03/03/health/coronavirus-tests-fda.html#commentsContainer|title = Estimates Fall Short of F.D.A.'s Pledge for 1 Million Coronavirus Tests|newspaper = The New York Times|date = 3 March 2020|last1 = Thomas|first1 = Katie|last2 = Sheikh|first2 = Knvul}}</ref> The following morning, a spokeswoman for the [[United States Department of Health and Human Services|U.S. Department of Health and Human Services]] noted that Dr. Hahn was referring to tests being produced by an outside manufacturer, [[Integrated DNA Technologies]]. IDT is a division of Danaher which was acquired in early 2019.<ref>{{Cite web|url=https://www.idtdna.com/pages/about/leadership|title=IDT Leadership}}</ref> |
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In March 2020, Danaher acquired the biopharma business of the [[General Electric]] Life Sciences division for $21.4 billion and was named [[Cytiva]]. Danaher had to sell off part of its life sciences businesses to [[Sartorius AG|Sartorius]] to satisfy the [[Federal Trade Commission]] regulatory requirement for the acquisition.<ref>{{Cite web |last=Macdonald |first=Gareth John |date=2020-05-12 |title=Sartorius' Acquisition of Danaher Techs Fits Demand for Process Intensification |url=https://www.genengnews.com/insights/sartorius-acquisition-of-danaher-techs-fits-demand-for-process-intensification/ |access-date=2023-07-09 |website=GEN - Genetic Engineering and Biotechnology News |language=en-US}}</ref> Cytiva is a global provider of technologies and services related to the development, manufacture, and delivery of vaccines, diagnostics, and therapeutics to customers in organizations including academia, biotechnology, and drug manufacturing.<ref>{{Cite web |title=Cytiva to provide bioprocessing training at Indian incubation centre |url=https://cleanroomtechnology.com/news/article_page/Cytiva_to_provide_bioprocessing_training_at_Indian_incubation_centre/199357 |access-date=2023-09-04 |website=cleanroomtechnology.com |language=en}}</ref><ref>{{Cite web |title=BBC collaborates with Cytiva to aid in bioprocessing training programme |url=https://biospectrumindia.com/news/68/20676/bbc-collaborates-with-cytiva-to-aid-in-bioprocessing-training-programme.html |access-date=2023-09-04 |website=biospectrumindia.com |language=en}}</ref><ref>{{Cite web |title=Cytiva |url=https://www.technia.us/case-studies/cytiva/ |access-date=2023-09-04 |website=TECHNIA (US) |language=en-US}}</ref> The Cytiva name stems from 'cyto' meaning 'cell' in Greek, and 'iva' a Latin suffix meaning 'doing' and 'capable of'.<ref>{{Cite web |title=GE Healthcare Life Sciences rebrands to 'Cytiva' |url=https://atmpsweden.se/news/ge-healthcare-life-sciences-rebrands-to-cytiva/ |access-date=2023-09-04 |website=ATMP Sweden}}</ref> |
In March 2020, Danaher acquired the biopharma business of the [[General Electric]] Life Sciences division for $21.4 billion and was named [[Cytiva]]. Danaher had to sell off part of its life sciences businesses to [[Sartorius AG|Sartorius]] to satisfy the [[Federal Trade Commission]] regulatory requirement for the acquisition.<ref>{{Cite web |last=Macdonald |first=Gareth John |date=2020-05-12 |title=Sartorius' Acquisition of Danaher Techs Fits Demand for Process Intensification |url=https://www.genengnews.com/insights/sartorius-acquisition-of-danaher-techs-fits-demand-for-process-intensification/ |access-date=2023-07-09 |website=GEN - Genetic Engineering and Biotechnology News |language=en-US}}</ref> Cytiva is a global provider of technologies and services related to the development, manufacture, and delivery of vaccines, diagnostics, and therapeutics to customers in organizations including academia, biotechnology, and drug manufacturing.<ref>{{Cite web |title=Cytiva to provide bioprocessing training at Indian incubation centre |url=https://cleanroomtechnology.com/news/article_page/Cytiva_to_provide_bioprocessing_training_at_Indian_incubation_centre/199357 |access-date=2023-09-04 |website=cleanroomtechnology.com |language=en}}</ref><ref>{{Cite web |title=BBC collaborates with Cytiva to aid in bioprocessing training programme |url=https://biospectrumindia.com/news/68/20676/bbc-collaborates-with-cytiva-to-aid-in-bioprocessing-training-programme.html |access-date=2023-09-04 |website=biospectrumindia.com |language=en}}</ref><ref>{{Cite web |title=Cytiva |url=https://www.technia.us/case-studies/cytiva/ |access-date=2023-09-04 |website=TECHNIA (US) |language=en-US}}</ref> The Cytiva name stems from 'cyto' meaning 'cell' in Greek, and 'iva' a Latin suffix meaning 'doing' and 'capable of'.<ref>{{Cite web |title=GE Healthcare Life Sciences rebrands to 'Cytiva' |url=https://atmpsweden.se/news/ge-healthcare-life-sciences-rebrands-to-cytiva/ |access-date=2023-09-04 |website=ATMP Sweden}}</ref> |
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=== 2021–present === |
=== 2021–present === |
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In September 2022, it was announced that Pall Life Sciences will be merging with Cytiva to create a new Biotechnology Group within Danaher. The merger was completed in May 2023.<ref>{{Cite web |last=Stanton |first=Dan |date=2022-09-22 |title=Danaher merging Cytiva and Pall - BioProcess Insider |url=https://bioprocessintl.com/bioprocess-insider/upstream-downstream-processing/danaher-merging-cytiva-and-pall-to-create-7-5bn-bioprocess-juggernaut/ |access-date= |website=BioProcess International |language=en-US}}</ref><ref>{{Cite web |last=Stanton |first=Dan |date=2023-05-02 |title=Danaher completes Cytiva Pall merger - BioProcess Insider |url=https://bioprocessintl.com/bioprocess-insider/upstream-downstream-processing/better-together-danaher-completes-cytiva-pall-merger/ |access-date=2023-07-09 |website=BioProcess International |language=en-US}}</ref><ref>{{Cite web |last= |date=May 2, 2023 |title=Cytiva and Pall Life Sciences complete integration to create a global innovation and solutions leader in biotechnology |url=https://www.cytivalifesciences.com/en/us/news-center/cytiva-and-pall-life-sciences-complete-integration-10001 |access-date=2023-07-09 |website=Cytiva |language=en}}</ref> As of May 2023, Cytiva employed more than 16,000 associates in over 40 countries.<ref>{{Cite web |last=Sterling |first=John |date=2023-05-02 |title=Merger of Cytiva and Pall's Life Sciences Business Now Complete |url=https://www.genengnews.com/insights/merger-of-cytiva-and-palls-life-sciences-business-now-complete/ |access-date=2023-09-04 |website=GEN - Genetic Engineering and Biotechnology News |language=en-US}}</ref> |
In September 2022, it was announced that Pall Life Sciences will be merging with Cytiva to create a new Biotechnology Group within Danaher. The merger was completed in May 2023.<ref>{{Cite web |last=Stanton |first=Dan |date=2022-09-22 |title=Danaher merging Cytiva and Pall - BioProcess Insider |url=https://bioprocessintl.com/bioprocess-insider/upstream-downstream-processing/danaher-merging-cytiva-and-pall-to-create-7-5bn-bioprocess-juggernaut/ |access-date= |website=BioProcess International |language=en-US}}</ref><ref>{{Cite web |last=Stanton |first=Dan |date=2023-05-02 |title=Danaher completes Cytiva Pall merger - BioProcess Insider |url=https://bioprocessintl.com/bioprocess-insider/upstream-downstream-processing/better-together-danaher-completes-cytiva-pall-merger/ |access-date=2023-07-09 |website=BioProcess International |language=en-US}}</ref><ref>{{Cite web |last= |date=May 2, 2023 |title=Cytiva and Pall Life Sciences complete integration to create a global innovation and solutions leader in biotechnology |url=https://www.cytivalifesciences.com/en/us/news-center/cytiva-and-pall-life-sciences-complete-integration-10001 |access-date=2023-07-09 |website=Cytiva |language=en}}</ref> As of May 2023, Cytiva employed more than 16,000 associates in over 40 countries.<ref>{{Cite web |last=Sterling |first=John |date=2023-05-02 |title=Merger of Cytiva and Pall's Life Sciences Business Now Complete |url=https://www.genengnews.com/insights/merger-of-cytiva-and-palls-life-sciences-business-now-complete/ |access-date=2023-09-04 |website=GEN - Genetic Engineering and Biotechnology News |language=en-US}}</ref> |
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Danaher |
Also in September 2022, Danaher announced its intention to spin off its Environmental & Applied Solutions segment in Q4 2023.<ref>{{Cite web |title=Danaher Announces Intention to Separate Environmental & Applied Solutions Segment to Create an Independent, Publicly Traded Company - Sep 14, 2022 |url=https://www.danaher.com/styles,%20https://investors.danaher.com/2022-09-14-Danaher-Announces-Intention-to-Separate-Environmental-Applied-Solutions-Segment-to-Create-an-Independent,-Publicly-Traded-Company |access-date= |website=www.danaher.com |language=en}}</ref> On February 8, 2023, Danaher announced that the new company is named [[Veralto Corporation]] and will be headed by Danaher Executive Vice President [[Jennifer Honeycutt]] as Veralto's President and CEO.<ref>{{Cite web |date=2023-02-08 |title=Danaher announces new environmental and applied solutions company to be named Veralto |url=https://investors.danaher.com/2023-02-08-Danaher-Announces-New-Environmental-and-Applied-Solutions-Company-to-Be-Named-Veralto |access-date= |website=Danaher |language=en}}</ref> On September 30, Danaher announced the separation completion of Veralto and that Veralto will begin trading on the [[New York Stock Exchange]] on October 2 under the symbol "VLTO."<ref>{{Cite web |last=Corporation |first=Danaher |date=2023-09-30 |title=Danaher Corporation Completes Separation of Veralto Corporation |url=https://www.prnewswire.com/news-releases/danaher-corporation-completes-separation-of-veralto-corporation-301943632.html |url-status=live |archive-url=https://web.archive.org/web/20231001083608/https://www.prnewswire.com/news-releases/danaher-corporation-completes-separation-of-veralto-corporation-301943632.html |archive-date=2023-10-01 |access-date=2023-10-01 |website=www.prnewswire.com |language=en}}</ref> |
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On 28 August 2023, Danaher announced that it had entered into a definitive agreement to acquire [[Abcam]] for approximately $5.7 billion at $24 per share in cash.<ref name=":0">{{Cite web |last=Mishra |first=Manas |date=August 28, 2023 |title=Danaher to buy Abcam in deal valued at $5.7 billion |url=https://www.nasdaq.com/articles/danaher-to-buy-abcam-in-deal-valued-at-$5.7-billion |access-date=August 28, 2023 |website=Nasdaq}}</ref><ref>{{Cite web |date=2023-08-28 |title=Danaher to Acquire Abcam - Aug 28, 2023 |url=https://www.danaher.com/styles,%20https://investors.danaher.com/2023-08-28-Danaher-to-Acquire-Abcam |access-date=2023-08-28 |website=www.danaher.com |language=en}}</ref> |
On 28 August 2023, Danaher announced that it had entered into a definitive agreement to acquire [[Abcam]] for approximately $5.7 billion at $24 per share in cash.<ref name=":0">{{Cite web |last=Mishra |first=Manas |date=August 28, 2023 |title=Danaher to buy Abcam in deal valued at $5.7 billion |url=https://www.nasdaq.com/articles/danaher-to-buy-abcam-in-deal-valued-at-$5.7-billion |access-date=August 28, 2023 |website=Nasdaq}}</ref><ref>{{Cite web |date=2023-08-28 |title=Danaher to Acquire Abcam - Aug 28, 2023 |url=https://www.danaher.com/styles,%20https://investors.danaher.com/2023-08-28-Danaher-to-Acquire-Abcam |access-date=2023-08-28 |website=www.danaher.com |language=en}}</ref> |
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In April 2024, Precision Nanosystems was merged into Cytiva.<ref>{{Cite web |date=April 29, 2024 |title=Precision Nanosystems is now part of Cytiva |url=https://www.precisionnanosystems.com/news-room/detail/precision-nanosystems-is-now-part-of-cytiva |access-date=July 3, 2024 |website=Precision Nanosystems}}</ref> In June, The US [[Food and Drug Administration]] (FDA) granted marketing approval to Danaher's Cepheid unit for a rapid test for [[hepatitis C]]. Using a [[blood]] sample from a fingertip, the rapid test detects the virus's [[RNA]] and delivers results in less than roughly an hour, as opposed to requiring a sample to be sent to a lab.<ref>{{Cite web |title=FDA Approves Danaher Unit's Rapid Test for Hepatitis C |url=https://www.marketwatch.com/story/fda-approves-danaher-unit-s-rapid-test-for-hepatitis-c-cc56ab82?mod=markets}}</ref> |
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== Controversies == |
== Controversies == |
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Line 105: | Line 106: | ||
=== Life sciences === |
=== Life sciences === |
||
*[[Abcam]] |
*[[Abcam]] |
||
*Aldevron |
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*[[Beckman Coulter|Beckman Coulter Life Sciences]] |
*[[Beckman Coulter|Beckman Coulter Life Sciences]] |
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*[[Integrated DNA Technologies]] |
*[[Integrated DNA Technologies]] |
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*[[Molecular Devices]] |
*[[Molecular Devices]] |
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*[[Pall Corporation]] |
*[[Pall Corporation]] |
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*Phenomenex |
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*Precision Nanosystems |
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*[[SCIEX]] |
*[[SCIEX]] |
||
⚫ | |||
=== Diagnostics === |
=== Diagnostics === |
||
*[[Beckman Coulter|Beckman Coulter Diagnostics]] |
*[[Beckman Coulter|Beckman Coulter Diagnostics]] |
||
*[[Cepheid Inc|Cepheid]] |
*[[Cepheid Inc|Cepheid]] |
||
*HemoCue |
|||
*[[Leica Biosystems]] |
*[[Leica Biosystems]] |
||
*Mammotome |
|||
*[[Radiometer (company)|Radiometer]] |
*[[Radiometer (company)|Radiometer]] |
||
=== |
===Spinoff companies=== |
||
==== [[Envista Holdings Corporation]] ==== |
|||
⚫ | |||
⚫ | |||
⚫ | |||
*[[Dexis]] |
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*[[Alpha Bio]] |
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*[[Implant Direct]] |
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*[[Metrex]] |
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*[[Orascoptic]] |
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==== [[Fortive]] ==== |
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⚫ | |||
⚫ | |||
<small>Source: <ref>{{Cite web |title=Our Businesses {{!}} Danaher |url=https://www.danaher.com/our-businesses |access-date=2022-10-26 |website=www.danaher.com}}</ref></small> |
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=== Former === |
|||
==== Tests and measurement ==== |
|||
This segment was spun off as [[Fortive|Fortive Corporation]] in July 2016. |
|||
⚫ | |||
*[[Hengstler GmbH|Hengstler]] |
*[[Hengstler GmbH|Hengstler]] |
||
*[[Fluke Corporation]] |
*[[Fluke Corporation]] |
||
* |
*[[Qualitrol]] |
||
* |
*[[Tektronix]] |
||
* Kollmorgen (now part of [[Altra Industrial Motion]]) |
|||
* [[Jacobs Vehicle Systems]] (now part of [[Cummins|Cummins Inc.]]) |
|||
* [[Matco Tools]] (now part of [[Vontier|Vontier Corporation]]) |
|||
* [[Teletrac]] (now part of Vontier Corporation) |
|||
* [[Gilbarco Veeder-Root|Gilbarco]] (now part of Vontier Corporation) |
|||
==== |
==== Veralto ==== |
||
*[[ Videojet (company) | Videojet]] |
|||
This segment was spun off as Envista Holdings Corporation in December 2019. |
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* KaVo (now part of [[Planmeca]]) |
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⚫ | |||
⚫ | |||
⚫ | |||
==== Environmental and applied solutions ==== |
|||
This segment was spun off as Veralto Corporation in September 2023. |
|||
*[[Esko (company)|Esko]] |
*[[Esko (company)|Esko]] |
||
*[[Hach Company|Hach]] |
*[[Hach Company|Hach]] |
||
*[[X-Rite]] |
*[[X-Rite]] |
||
*[[Pantone]] |
|||
*Foba Laser Alltec GmbH |
|||
*Videojet |
|||
*Laetus GmbH |
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*ChemTreat |
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*Trojan Technologies |
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*LINX |
|||
*Aquatic Informatics |
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====Miscellaneous==== |
|||
*[[Armstrong Tools]] |
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*[[Chicago Pneumatic]] |
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*Dynapar |
|||
*Joslyn Clark |
|||
==See also== |
==See also== |
||
Line 181: | Line 156: | ||
==External links== |
==External links== |
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*{{ |
*{{Official|https://www.danaher.com}} |
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{{Finance links |
{{Finance links |
||
| name = Danaher Corporation |
| name = Danaher Corporation |
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| |
| symbol = DHR |
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⚫ | |||
| yahoo = DHR |
| yahoo = DHR |
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| bloomberg = DHR:US |
| bloomberg = DHR:US |
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| |
| sec_cik = 313616 |
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⚫ | |||
}} |
}} |
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{{Contract research organization}} |
{{Contract research organization}} |
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{{Danaher}} |
{{Danaher}} |
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[[Category:Tool manufacturing companies of the United States]] |
[[Category:Tool manufacturing companies of the United States]] |
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[[Category:Electric motor manufacturers]] |
[[Category:Electric motor manufacturers]] |
||
[[Category:Electronics companies of the United States]] |
Latest revision as of 19:07, 18 December 2024
This article reads like a press release or a news article and may be largely based on routine coverage. (December 2019) |
A major contributor to this article appears to have a close connection with its subject. (October 2024) |
Company type | Public |
---|---|
Industry | Conglomerate |
Founded |
|
Founders | |
Headquarters | Washington, D.C., U.S. |
Area served | Worldwide |
Key people | Steven Rales (chairman of the board) Mitchell Rales (chairman of the executive committee) Rainer Blair (president and CEO) |
Revenue | US$23.9 billion (2023) |
US$5.20 billion (2023) | |
US$4.76 billion (2023) | |
Total assets | US$84.5 billion (2023) |
Total equity | US$53.5 billion (2023) |
Number of employees | c. 63,000 (2023) |
Divisions | List of divisions |
Website | danaher |
Footnotes / references [1] |
Danaher Corporation is an American global conglomerate founded in 1984 by brothers Steven and Mitchell Rales. Headquartered in Washington, D.C., the company designs, manufactures, and markets medical, industrial, and commercial products and services.[1][2][3] Danaher was among the first companies in North America to adopt Kaizen principles, a Japanese lean manufacturing philosophy of continuous improvement and efficiency.[4][5] The company held $78.5 billion in assets as of 2024[update].
History
[edit]Early years
[edit]The company's origins go back to a Massachusetts real estate investment trust organized in 1969 as DMG, Inc. In 1978, DMG, Inc. was reorganized as a Florida corporation and changed its name to Diversified Mortgage Investors, Inc. DMG had been invested in retirement home developments when it was taken over by the Rales brothers, and in 1984, the company adopted the name Danaher and reincorporated under the Delaware General Corporation Law.[2][1] It was named after Danaher Creek in Western Montana, where the brothers conceptualized it while fishing.[6][2][7]
In June 1986, Danaher purchased Chicago Pneumatic (CP), which had merged in July 1984 with a sister company, the Jacobs Manufacturing Co. (Jacobs), and which had purchased Matco Tools Corp. (MTC) in April 1981.
In June 1987, Danaher sold CP while retaining Jacobs, including its Matco Tools Division. Jacobs' name was changed to Matco Tools Corp. In November 1991, the other divisions within Jacobs were established as separate operating companies. In January 1993, Danaher formed NMTC, Inc., which acquired a substantial portion of the assets of MTC, including the existing distributorship agreements of MTC.
Within two years of Danaher's founding in 1984, Danaher acquired 12 companies as part of a strategy to enter the manufacturing business. Therefore, in 1986, Danaher added Qualitrol to its instrumentation unit.[8] The unit also included Gilbarco Veeder-Root's underground fuel storage sensors, Dynapar's motion sensors[9] and Qualitrol's pressure and temperature measurement instruments, used on the electrical transformer industry.[10]
1990–2000
[edit]In 1990, Danaher acquired Easco Hand Tools Inc.[11] Danaher was selected as exclusive supplier of handtools for Sears. In 1994, Danaher acquired the tool company Armstrong Tools, the makers of tool brands Armstrong, Allen, and others. In 1995 Danaher acquired German components manufacturer Hengstler, a leading manufacturer of counters, printers, relays, and high-precision rotational sensors. Hengstler was Danaher's first acquisition on the European mainland, and the first operating company headquartered outside the United States.[12] Since 1999, Danaher has owned 100% of Hach, broadening the portfolio of chemical, mainly water and wastewater, analytics also with the German company Lange.
2001–2010
[edit]Danaher acquired Trojan Technologies, an environmental engineering firm, in 2004.[13]
UK-based West Instruments provides control and measurement instrumentation and services for the global industrial and process markets. German instrumentation manufacturer PMA was added to the Industrial Controls Group in 2005 and enhances the range of control and measurement instrumentation.
In July 2005, Danaher announced a definitive agreement to acquire Leica Microsystems.[14] Leica manufactures a broad range of products for numerous applications requiring microscopic imaging, measurement and analysis. It also offers management systems 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.[15] Also in 2007, Danaher made its largest acquisition to date, the purchase of Tektronix, Inc. for US$2.85 billion.[16][17]
ChemTreat was acquired by Danaher in 2007 as well.[18]
In 2009 Danaher purchased the Analytical Technologies business unit of Canadian Life Sciences company MDS, Inc. for US$650 million.[19] 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 US$450 million, leaving Danaher as outright owner of AB SCIEX and Molecular Devices. The aggregate purchase price for the combined transactions is $1.1 billion.[20]
2011–2020
[edit]In 2011, Danaher acquired Beckman Coulter[21] and sold Accu-sort to Datalogic.
In October 2012, Danaher and Cooper Industries agreed to sell their joint venture, Apex Tool Group, to Bain Capital for a fee of around $1.6 billion.[22] In December 2012 Danaher Corporation acquired Navman Wireless, a provider of on-demand fleet and asset management technology.[23]
In September 2014, Danaher announced its intention to buy Nobel Biocare for $2.2 billion.[24] In October 2014, Danaher Corp announced it would be combining its communications unit with NetScout Systems.[25] The action was completed in July 2015[26]
In May 2015, Danaher announced the acquisition of Pall Corporation for $13.8 billion,[27] which was completed in August 2015.[28]
In June 2016, Danaher spun off several subsidiaries, including Matco and AMMCO-COATS, to create Fortive.[29] In September of the same year, the company announced it would acquire Cepheid for $4 billion (including debt).[30]
In October 2016, Danaher Corporation acquired Phenomenex for $700 million to expand its life sciences space.[31]
In October 2017, Danaher announced the acquisition of scientific informatics company ID Business Solutions Ltd. (IDBS).[32] It was announced that IDBS would become part of Danaher's Life Sciences platform.[33]
In 2017, Danaher recorded $18.3 billion in revenue.[34]
In March 2018, the business announced it would acquire Integrated DNA Technologies for an undisclosed price.[35]
In July 2018, Danaher announced its intention to spin off its $2.8 billion Dental segment into an independent publicly traded company. They named Amir Aghdaei, who at the time was President of Danaher's Dental Platform, to be President and CEO of the new company upon completion of the transaction. [36] The corporate spin-off was completed in December 2019, with the new company called Envista Holdings Corporation.[37]
In October 2019, Danaher announced it has signed an agreement to sell its biomolecular characterization, chromatography hardware and resins, microcarriers and particle validation standards businesses to Sartorius AG for approximately $750 million. The combined revenue of the businesses was approximately $140 million in 2018.[38]
In 2019, Danaher was ranked by Forbes as one of the best employers for diversity.[39]
On Monday, March 2, 2020, Dr. Stephen Hahn, the FDA's commissioner, said that the agency had taken actions to allow private labs and companies to begin making their own coronavirus tests in order to greatly expand the U.S. capacity to test for the virus. Hahn went on to note, "There will be—the estimates we're getting from industry right now, by the end of this week, close to a million tests will be able to be performed."[40] The following morning, a spokeswoman for the U.S. Department of Health and Human Services noted that Dr. Hahn was referring to tests being produced by an outside manufacturer, Integrated DNA Technologies. IDT is a division of Danaher which was acquired in early 2019.[41]
In March 2020, Danaher acquired the biopharma business of the General Electric Life Sciences division for $21.4 billion and was named Cytiva. Danaher had to sell off part of its life sciences businesses to Sartorius to satisfy the Federal Trade Commission regulatory requirement for the acquisition.[42] Cytiva is a global provider of technologies and services related to the development, manufacture, and delivery of vaccines, diagnostics, and therapeutics to customers in organizations including academia, biotechnology, and drug manufacturing.[43][44][45] The Cytiva name stems from 'cyto' meaning 'cell' in Greek, and 'iva' a Latin suffix meaning 'doing' and 'capable of'.[46]
In May 2020, it was announced that Tom Joyce would retire as CEO of the company. He was replaced by Executive Vice President Rainier Blair on September 1, 2020.[47]
2021–present
[edit]In September 2022, it was announced that Pall Life Sciences will be merging with Cytiva to create a new Biotechnology Group within Danaher. The merger was completed in May 2023.[48][49][50] As of May 2023, Cytiva employed more than 16,000 associates in over 40 countries.[51]
Also in September 2022, Danaher announced its intention to spin off its Environmental & Applied Solutions segment in Q4 2023.[52] On February 8, 2023, Danaher announced that the new company is named Veralto Corporation and will be headed by Danaher Executive Vice President Jennifer Honeycutt as Veralto's President and CEO.[53] On September 30, Danaher announced the separation completion of Veralto and that Veralto will begin trading on the New York Stock Exchange on October 2 under the symbol "VLTO."[54]
On 28 August 2023, Danaher announced that it had entered into a definitive agreement to acquire Abcam for approximately $5.7 billion at $24 per share in cash.[55][56]
In April 2024, Precision Nanosystems was merged into Cytiva.[57] In June, The US Food and Drug Administration (FDA) granted marketing approval to Danaher's Cepheid unit for a rapid test for hepatitis C. Using a blood sample from a fingertip, the rapid test detects the virus's RNA and delivers results in less than roughly an hour, as opposed to requiring a sample to be sent to a lab.[58]
Controversies
[edit]Controversy has arisen regarding the pricing of test cartridges manufactured by Danaher's subsidiary, Cepheid. These cartridges are essential for detecting diseases such as COVID-19, HIV, and tuberculosis. Organizations such as Treatment Action Group and Doctors Without Borders have been asking Cepheid to lower the price of these tests since 2019.
On September 12, 2023, author and vlogger John Green released a video[59] highlighting these ethical concerns and calling on his community to reach out to Danaher.[60][61] One week later, Cepheid and Danaher announced a 20% price reduction for their Xpert MTB/RIF TB test cartridge, from $9.98 to $7.97 in high TB-burden countries. However, their Xpert MTB/XDR test used to diagnose for drug-resistant TB, which is the deadliest form, remained unchanged at $14.90.[62][63]
Divisions
[edit]Life sciences
[edit]- Abcam
- Beckman Coulter Life Sciences
- Integrated DNA Technologies
- Leica Microsystems
- Molecular Devices
- Pall Corporation
- SCIEX
- Cytiva
Diagnostics
[edit]Spinoff companies
[edit]Veralto
[edit]See also
[edit]- Condition-based maintenance
- Partial Discharge
- Dissolved gas analysis
- Electric power transmission
- Electric power distribution
References
[edit]- ^ a b c "Danaher Corporation 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 21, 2024.
- ^ a b c Drummond, Bob (2 April 2004). Takeover Wizards, New Zealand Herald
- ^ Valdez, Angela (6 June 2008). A Very Private Collection, Washington City Paper
- ^ "Fortive and Danaher, Steven and Mitchell Rales". Fortive.
- ^ Fox, Justin (19 May 2015). What Makes Danaher Corp. Such a Star?, Bloomberg (discussing kaizen and privacy of company)
- ^ "The Danaher Story". Danaher.
- ^ Heath, Thomas (7 July 2008). The Quiet Dynamism of the Brothers Rales, The Washington Post
- ^ "About the Company". Qualitrol. 2012. Retrieved July 6, 2012.
- ^ "Dynapar Motion Control Sensor Rotary Encoders & Resolvers". Dynapar. 2016. Archived from the original on August 9, 2016.
- ^ Dubovoj, Sina; Ingram, Frederick (2006). "Danaher Corporation". Resource Library CBS Interactive. Retrieved June 12, 2012.
- ^ "Danaher Acquires Easco Hand Tools". The New York Times. February 21, 1990. Retrieved April 26, 2019.
- ^ "Hengstler History". Hengstler.
- ^ "Our History". London, ON: Trojan Technologies. Retrieved October 15, 2022.
- ^ "Danaher Corp, Form 10-Q, Quarterly Report, Filing Date Jul 21, 2005" (PDF). secdatabase.com. Retrieved March 30, 2013.
- ^ "Danaher Corp, Form 10-Q, Quarterly Report, Filing Date Oct 19, 2006". secdatabase.com. Retrieved March 30, 2013.
- ^ "Danaher Corp, Form 8-K, Current Report, Filing Date Nov 21, 2007". secdatabase.com. Retrieved March 30, 2013.
- ^ "Danaher to Buy Tektronix for $2.85 Billion". The New York Times. October 16, 2007. ISSN 0362-4331. Retrieved April 28, 2015.
- ^ Blackwell, John Reid (July 8, 2007). "Buyout enriches workers". Richmond Times-Dispatch. Retrieved January 6, 2021.
- ^ "Danaher Corp, Form 10-K, Annual Report, Filing Date Feb 24, 2010" (PDF). secdatabase.com. Retrieved March 29, 2013.
- ^ "MDS shares soar on restructuring - the Globe and Mail". www.theglobeandmail.com. Archived from the original on September 2, 2009. Retrieved January 14, 2022.
- ^ "Danaher Corp, Form 8-K/A, Filing Date Aug 10, 2011". secdatabase.com. Retrieved March 29, 2013.
- ^ "Deals of the day -- mergers and acquisitions". Reuters. October 10, 2012. Archived from the original on September 22, 2013. Retrieved June 30, 2017.
- ^ "Danaher Corp Acquires Navman Wireless". Reuters. January 29, 2013.
- ^ "Danaher to buy Nobel Biocare for $2.2 billion". Reuters. September 15, 2014.
- ^ Danaher to combine communications unit with NetScout Archived 2015-11-27 at the Wayback Machine. Reuters, 14 October 2014
- ^ "NetScout Systems, Inc. (NASDAQ: NTCT) has completed the acquisition of Danaher Corporation's (NYSE: DHR) Communications Business. - NetScout.com". Archived from the original on June 6, 2017. Retrieved March 24, 2016.
- ^ "Danaher to Acquire Pall for $13.6 Billion and Split Into Two". The New York Times. May 15, 2015. Retrieved April 26, 2019.
- ^ "Danaher Completes Acquisition Of Pall Corporation". Pall. Retrieved April 26, 2019.
- ^ Zacks Equity Research (July 5, 2016). "Danaher Completes Fortive Spin-Off, Trading to Begin Today". Yahoo Finance. Retrieved July 5, 2016.
- ^ "Danaher to Acquire Cepheid for $4B". September 6, 2016.
- ^ "Danaher Completes Acquisition Of Phenomenex". biopharma-reporter.com. October 11, 2016. Retrieved November 6, 2016.
- ^ "Danaher picks up U.K. data analytics player to boost drug development offerings". FierceBioTech. October 30, 2017. Retrieved December 1, 2017.
- ^ "Danaher to Buy U.K. Drug R&D Software Firm ID Business Solutions". Bloomberg.com. October 30, 2017. Retrieved December 1, 2017.
- ^ Maake, Katishi (January 7, 2019). "Glenstone Foundation gobbles up more property near its museum". Washington Business Journal. Retrieved January 9, 2019.
- ^ "Danaher to Acquire Integrated DNA Technologies". March 9, 2018.
- ^ "Danaher Announces Plan To Spin Off Dental Business Into An Independent, Publicly Traded Company - Jul 19, 2018". Danaher Corporation Investors.
- ^ "Danaher Announces Final Results Of Envista Exchange Offer" (Press release). PR Newswire. December 18, 2019.
- ^ Hargreaves, Ben (October 22, 2019). "Sartorius in $750m swoop for Danaher Life Science businesses". Biopharma Reporter. Retrieved October 29, 2019.
- ^ "Danaher on the Forbes Best Employers for Diversity List". Forbes.
- ^ Thomas, Katie; Sheikh, Knvul (March 3, 2020). "Estimates Fall Short of F.D.A.'s Pledge for 1 Million Coronavirus Tests". The New York Times.
- ^ "IDT Leadership".
- ^ Macdonald, Gareth John (May 12, 2020). "Sartorius' Acquisition of Danaher Techs Fits Demand for Process Intensification". GEN - Genetic Engineering and Biotechnology News. Retrieved July 9, 2023.
- ^ "Cytiva to provide bioprocessing training at Indian incubation centre". cleanroomtechnology.com. Retrieved September 4, 2023.
- ^ "BBC collaborates with Cytiva to aid in bioprocessing training programme". biospectrumindia.com. Retrieved September 4, 2023.
- ^ "Cytiva". TECHNIA (US). Retrieved September 4, 2023.
- ^ "GE Healthcare Life Sciences rebrands to 'Cytiva'". ATMP Sweden. Retrieved September 4, 2023.
- ^ "Danaher names next CEO". www.bizjournals.com. Retrieved October 28, 2020.
- ^ Stanton, Dan (September 22, 2022). "Danaher merging Cytiva and Pall - BioProcess Insider". BioProcess International.
- ^ Stanton, Dan (May 2, 2023). "Danaher completes Cytiva Pall merger - BioProcess Insider". BioProcess International. Retrieved July 9, 2023.
- ^ "Cytiva and Pall Life Sciences complete integration to create a global innovation and solutions leader in biotechnology". Cytiva. May 2, 2023. Retrieved July 9, 2023.
- ^ Sterling, John (May 2, 2023). "Merger of Cytiva and Pall's Life Sciences Business Now Complete". GEN - Genetic Engineering and Biotechnology News. Retrieved September 4, 2023.
- ^ "Danaher Announces Intention to Separate Environmental & Applied Solutions Segment to Create an Independent, Publicly Traded Company - Sep 14, 2022". www.danaher.com.
- ^ "Danaher announces new environmental and applied solutions company to be named Veralto". Danaher. February 8, 2023.
- ^ Corporation, Danaher (September 30, 2023). "Danaher Corporation Completes Separation of Veralto Corporation". www.prnewswire.com. Archived from the original on October 1, 2023. Retrieved October 1, 2023.
- ^ Mishra, Manas (August 28, 2023). "Danaher to buy Abcam in deal valued at $5.7 billion". Nasdaq. Retrieved August 28, 2023.
- ^ "Danaher to Acquire Abcam - Aug 28, 2023". www.danaher.com. August 28, 2023. Retrieved August 28, 2023.
- ^ "Precision Nanosystems is now part of Cytiva". Precision Nanosystems. April 29, 2024. Retrieved July 3, 2024.
- ^ "FDA Approves Danaher Unit's Rapid Test for Hepatitis C".
- ^ Green, John (September 12, 2023). "Barely Contained Rage: An Open Letter to Danaher and Cepheid" (video). youtube.com. Vlogbrothers.
- ^ Baker, Kamrin (September 12, 2023). "John Green & Grassroots Activists Pressure Danaher To Drop Price of Tuberculosis Test". Good Good Good.
- ^ Lawrence, Lizzy; Silverman, Ed (September 14, 2023). "Novelist John Green launches attack on Cepheid over the price of its TB test". Stat. Retrieved September 14, 2023.
- ^ (19 September 2023). MSF: TB test price reduction by Cepheid and Danaher is a step in the right direction, Doctors Without Borders
- ^ Mahdavi, Darius (September 19, 2023). "'Pure price-gouging': Advocates celebrate price drop of critical TB test but say Big Pharma needs to do more". CBC.
External links
[edit]- Official website
- Business data for Danaher Corporation:
- Danaher Corporation
- 1969 establishments in Washington, D.C.
- American companies established in 1969
- Companies listed on the New York Stock Exchange
- Conglomerate companies established in 1969
- Conglomerate companies of the United States
- Electronics companies established in 1969
- Hand tools
- Manufacturing companies based in Washington, D.C.
- Multinational companies headquartered in the United States
- Tool manufacturing companies of the United States
- Electric motor manufacturers
- Electronics companies of the United States