research be merged into this article . discuss proposed since july 2013 . this article needs to be updated . please update this article to reflect recent events or newly available information . april 2016 danaher corporation type public traded as nyse dhr s & p 500 component industry conglomerate founded 1969 headquarters washington d.c. united states area served worldwide key people steven m. rales chairman of the board thomas p. joyce jr. president & ceo 1 revenue us 19.118 billion 2013 2 us 18.2604 billion 2012 2 operating income us 3.2749 billion 2013 2 us 3.1651 billion 2012 2 net income us 2.695 billion 2013 2 us 2.3922 billion 2012 2 total assets us 34.6722 billion 2013 3 us 32.941 billion 2012 2 total equity us 22.4514 billion 2013 3 us 19.0839 billion 2012 2 number of employees 63 000 dec 2012 4 divisions list of divisions website www.danaher.com the danaher corporation is an american company with its headquarters in washington d.c. united states . its products are concentrated in the fields of design manufacturing and marketing of industrial and consumer products . it operates in five segments test & measurement dental industrial technologies environmental and life science & diagnostics . 5 contents 1 history 1.1 2005 2006 1.2 2007 2008 1.3 2009 2010 1.4 2011 2012 1.5 2013 2014 1.6 2015 present 2 divisions 3 see also 4 references 5 external links history edit 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 . in june 1986 danaher purchased chicago pneumatic cp who had just recently merged in july 1984 with a sister company the jacobs manufacturing company jacobs and who had purchased matco tools corporation mtc in april 1981 . danaher sold cp in june 1987 retaining jacobs including its matco tools division . jacobs name was changed to matco tools corporation in november 1991 and 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 . the company is named after danaher creek in montana where the rales brothers steven and mitchell went fishing . 6 danaher motion is the us flagship of danaher corporation s industrial technologies branch with over 1 billion in sales . within two years of danaher corporation s founding in 1984 danaher corporation acquired 12 companies as part of a strategy to enter the manufacturing business . therefore in 1986 danaher added qualitrol to its instrumentation unit . 7 the unit also included gilbarco veeder root s underground fuel storage sensors dynapar s motion sensors 8 and qualitrol s pressure and temperature measurement instruments used on the electrical transformer industry . 9 the danaher motion group acquired kollmorgen of radford virginia . 10 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 2006 edit uk based west instruments provides control and measurement instrumentation solutions 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 solutions . in july 2005 danaher announces definitive agreement to acquire leica microsystems . 11 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 . 2007 2008 edit in early 2007 danaher acquired australian pathology instrument and engineering company vision systems limited . 12 also in 2007 danaher made its largest acquisition to date the purchase of tektronix inc. for 2.85 billion usd . 13 14 2009 2010 edit in 2009 danaher purchased the analytical technologies business unit of canadian life sciences company mds inc. for 650 million usd . 15 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 . 16 2011 2012 edit in 2011 danaher entered into a definitive merger agreement with beckman coulter 17 18 and sold accu sort to datalogic . in october 2012 danaher corporation and cooper industries agreed to sell their joint venture apex tool group to bain capital for a fee of around 1.6 billion . 19 in december 2012 danaher corporation acquired navman wireless a provider of on demand fleet and asset management technology . 20 2013 2014 edit in september 2014 danaher corp is to buy nobel biocare for an 2.2 billion to become the world s biggest player in a dental implants market benefiting from growing demand for cosmetic dentistry . 21 in october 2014 danaher corp announced it would be combining its communications unit with netscout systems to match sector interest in cybersecurity . 22 the action was completed in july 2015 23 2015 present edit in may 2015 danaher corp announced the acquisition of pall for 13.8 billion . 24 acquisition was completed august 2015 25 in june 2016 danaher spun off several subsidiaries including matco and ammco coats to create fortive . 26 in september of the same year the company announced it would acquire cepheid for 4 billion including debt . 27 divisions edit this section does not cite any sources . please help improve this section by adding citations to reliable sources . unsourced material may be challenged and removed . august 2013 learn how and when to remove this template message this article contains embedded lists that may be better presented using prose . you can help by converting the list or lists to prose if appropriate . editing help is available . april 2014 learn how and when to remove this template message test & measurement note as of july 2016 some of these are now part of fortive amprobe fluke comark datapaq dh instruments hart scientific janos technology ircon raysafe raytek irisys fluke networks visual network systems ltd keithley instruments tektronix environmental chemtreat gilbarco veeder root gasboy red jacket veeder root hach biotector analytical systems environmental test systems gli hach lange hiac hydrolab lachat instruments lufft marsh mcbirney met one orbisphere ott hydromet polymetron radiometer analytical sutron satlantic sea bird electronics wetlabs trojan technologies xos dental dexis gendex kavo kerr m dent nobelbiocare ormco pelton & crane palodex instrumentarium dental soredex total care life sciences & diagnostics ab sciex hemocue beckman coulter leica biosystems leica microsystems molecular devices pall radiometer industrial technologies danaher motion dover kollmorgen calzoni portescap scientific hexis thomson danaher specialty products linx printing technologies qualitrol videojet technologies x rite pantone 28 esko mediabeacon other brands note as of july 2016 some of these are now part of fortive alltec foba laser marking engraving solutions 29 ammco coats anderson negele anderson instrument negele messtechnik armstrong tools in october 2012 danaher and cooper sold apex to bain capital for about 1.6 billion . dolan jenner dynapar 30 northstar 31 harowe 32 ele gems sensors & controls g & l motion control inc hengstler hennessy industries imaging sciences international invetech jacobs vehicle systems joslyn clark matco tools mccrometer navman wireless qualitrol iris power neoptix robin electronics setra systems sonix sybronendo teletrac venture measurement bindicator kistler morse levelite niagara meters west control solutions cal controls partlow pma west instruments see also edit condition based maintenance partial discharge dissolved gas analysis electric power transmission electric power distribution electric generator electric motor electrical substation switchgear transformer references edit danaher corporation appoints thomas p. joyce jr. as president and ceo . retrieved 24 march 2016 . a b c d e f g h danaher corp de 2013 annual report form 10 k xbrl . united states securities and exchange commission . february 21 2014 . a b danaher corp de 2014 q1 quarterly report form 10 q xbrl . united states securities and exchange commission . april 16 2014 . danaher corp form 10 k annual report filing date feb 22 2013 pdf . secdatabase.com . retrieved mar 29 2013 . black shannon . introducing danaher a diversified healthcare company . marketrealist.com . retrieved 16 september 2016 . danaher corporation our history . danaher.com . 2011 . retrieved august 20 2012 . about the company . qualitrol . 2012 . retrieved 6 july 2012 . dynapar motion control sensor rotary encoders & resolvers . dynapar . 2016 . dubovoj sina ; ingram frederick 2006 . danaher corporation . resource library cbs interactive . retrieved 12 june 2012 . danaher corp form 8 k current report filing date apr 1 2003 . secdatabase.com . retrieved mar 30 2013 . danaher corp form 10 q quarterly report filing date jul 21 2005 pdf . secdatabase.com . retrieved mar 30 2013 . danaher corp form 10 q quarterly report filing date oct 19 2006 . secdatabase.com . retrieved mar 30 2013 . danaher corp form 8 k current report filing date nov 21 2007 . secdatabase.com . retrieved mar 30 2013 . danaher to buy tektronix for 2.85 billion . the new york times . 2007 10 16 . issn 0362 4331 . retrieved 2015 04 28 . danaher corp form 10 k annual report filing date feb 24 2010 pdf . secdatabase.com . retrieved mar 29 2013 . http www.theglobeandmail.com globe investor mds sells unit to focus on isotopes article1273003 danaher corp form 8 k a filing date aug 10 2011 . secdatabase.com . retrieved mar 29 2013 . http www.danaher.com news news detail.asp key 399 reuters 10 october 2012 . deals of the day mergers and acquisitions . reuters . danaher corp acquires navman wireless . reuters . 29 jan 2013 . danaher to buy nobel biocare for 2.2 billion . investing.com . 15 september 2014 . danaher to combine communications unit with netscout . reuters 14 october 2014 netscout systems inc. nasdaq ntct has completed the acquisition of danaher corporation s nyse dhr communications business . netscout.com . retrieved 24 march 2016 . danaher to acquire pall corporation for 127.20 per share or 13.8 billion danaher . retrieved 24 march 2016 . danaher completes acquisition of pall corporation danaher . retrieved 24 march 2016 . zacks equity research . danaher completes fortive spin off trading to begin today . yahoo finance . retrieved 5 july 2016 . http www.genengnews.com gen news highlights danaher to acquire cepheid for 4b 81253173 http www.pantone.com pages pantone.aspx pg 19306 foba 23 march 2016 . laser systems and machines for laser engraving etching and marking foba alltec gmbh . foba . retrieved 24 march 2016 . dynapar industrial encoders & resolvers . dynapar.com . 2016 . northstar rotary encoders & motor tachs . www.dynapar.com . 2016 . harowe housed & brushless resolvers . www.dynapar.com . 2016 . external links edit danaher corporation website v t e danaher people steven m. rales subsidiaries beckman coulter esko fluke corporation gems sensors & controls gilbarco veeder root hach company jacobs vehicle systems keithley instruments leica microsystems matco tools molecular devices radiometer tektronix v t e beckman coulter people arnold o. beckman wallace h. coulter william shockley products coulter counter facilities shockley semiconductor laboratory related companies danaher corporation v t e tektronix subsidiaries arbor networks products tektronix 4010 tektronix 4050 tektronix 4105 tektronix analog oscilloscopes tektronix extended hex tektronix phaser 740 people howard vollum del yocam related articles danaher corporation v t e hand tool manufacturers current dasco pro inc. apex tool group allen armstrong tools crescent diamond gearwrench k d tools lufkin nicholson plumb sata tools wiss xcelite bondhus buck bros. channellock cornwell tools digitool solutions