WASHINGTON, Oct. 13, 2014 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) announced today a definitive agreement with NetScout Systems, Inc. ('NetScout") (NASDAQ: NTCT) to combine Danaher's Communications business with NetScout in a tax-free transaction, creating a premier global provider of network management tools and security solutions for carrier and enterprise customers. At the closing of the transaction, Danaher shareholders will receive approximately 60% of the issued and outstanding shares of NetScout after giving effect to the transaction. At NetScout's closing price of $41.91 on October 10, 2014, the transaction values Danaher's Communications business at $2.6 billion.
Danaher's Communications business includes the market-leading brands of Tektronix Communications, Fluke Networks, and Arbor Networks. The data cabling tools business and carrier service provider tools business of Fluke Networks will be excluded from the transaction. Danaher's Communications business, excluding the previously mentioned Fluke Networks assets, generated approximately $836 million in revenue for their fiscal year ended December 2013, while NetScout generated approximately $397 million in revenue for their fiscal year ended March 2014.
Anil Singhal, Co-founder, President, and CEO of NetScout stated, "This combination represents another important step, and major milestone, towards accelerating our ability to compete on a larger and more global scale in the broader IT management and Cyber Intelligence space, to fully implement our NetScout 3.0 strategy, and to maximize our potential in our total addressable market."
Washington, D.C., September 22, 2014 - Danaher Corporation (NYSE:DHR) announced today that it will webcast its quarterly earnings conference call for the third quarter 2014 on Thursday, October 16, 2014 beginning at 8:00 a.m. ET and lasting approximately 1 hour.
WASHINGTON, Sept. 15, 2014 /PRNewswire/ --Â Danaher Corporation (NYSE:DHR) has entered into a definitive transaction agreement with Nobel Biocare Holding AG ("Nobel Biocare") (SIX Swiss Exchange: NOBN) pursuant to which Danaher Corporation or one of its direct or indirect subsidiaries ("Danaher") will commence a tender offer for all publicly held registered shares of Nobel Biocare in an all-cash transaction valued at approximately $2.2 billion.Â The deal is expected to widen Danaher's market presence in the global dental industry and allow Nobel Biocare to accelerate its strategic objectives and future growth.
Under the terms of the transaction agreement, Danaher will commence a voluntary all-cash public tender offer of CHF 17.10 per Nobel Biocare share to purchase all of Nobel Biocare's publicly held registered shares. Â The pre-announcement of the public tender offer is published today.Â The offer prospectus is expected to be published on or around October 1, 2014 and the offer period during which Nobel Biocare shareholders may tender their registered shares is expected to start on or around October 16, 2014.Â Headquartered in
WASHINGTON, D.C., September 9, 2014 -- Danaher Corporation (NYSE:DHR) announced that Executive Vice President and Chief Financial Officer, Daniel L. Comas, will present at the Morgan Stanley Laguna Conference in Dana Point, California on Tuesday, September 16 at 8:00 a.m. PT. Â The audio will be simultaneously webcast and the presentation will be archived on www.danaher.com. Â
WASHINGTON, D.C., September 9, 2014 -- Danaher Corporation (NYSE:DHR) announced today that its Board of Directors has approved a regular quarterly dividend of $0.10 per share payable on October 31, 2014 to holders of record on September 26, 2014.
WASHINGTON, Sept. 2, 2014 /PRNewswire/ --Â Danaher Corporation (NYSE: DHR) today announced that the Company's Board of Directors has implemented its previously disclosed succession plan and will appoint Thomas P. Joyce, Jr. as President and Chief Executive Officer and a member of the Board of Directors, effective September 9, 2014. Mr. Joyce's predecessor, H. Lawrence Culp, Jr., will transition to a senior advisory role.
Steven M. Rales, Chairman of the Board of Dir
Washington, D.C., June 26, 2014 - Danaher Corporation (NYSE:DHR) announced today that it will webcast its quarterly earnings conference call for the second quarter 2014 on Thursday, July 17, 2014 beginning at 8:00 a.m. ET and lasting approximately 1 hour.
WASHINGTON, D.C., June 19, 2014 -- Danaher Corporation (NYSE:DHR) will host a live video webcast of its Investor and Analyst Meeting on June 24, 2014 beginning at 1:30 p.m. PT and concluding at approximately 4:00 p.m PT. Â The link to the webcast can be found on Danaher's website, www.danaher.com, under the "Investors" heading. A replay of the video webcast will be available following the presentation.