Danaher Corporation acquires Tektronix, Inc.

Danaher Corporation acquired Tektronix, Inc. for approximately $2.8 billion ($38.00 per share cash tender offer), a transaction completed in November 2007, structured as all cash (cash tender offer and second-step merger).

Tektronix, Inc. operates in Test & Measurement. Tektronix is a leading supplier of test, measurement and monitoring instrumentation, including oscilloscopes and related electronic test equipment. Danaher acquired Tektronix through Raven Acquisition Corp. under an Agreement and Plan of Merger dated October 14, 2007.

Tektronix roughly doubled the size of Danaher's Test & Measurement business, which had been built from the 1998 Fluke acquisition.

Danaher Test & Measurement segment (alongside Fluke)

Advisory firms were not disclosed for this transaction.

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