Danaher, which also owns Fluke, is acquiring Tektronix -- probably not a bad thing as there can be some consolidation of product lines -- recall that at one time Tek did make some hand helds:
Date: October 16, 2007
To: Tektronix Customers
On Monday, October 15, we announced Tektronix, Inc. signed a definitive agreement to be acquired by Danaher Corporation. We are very excited about this agreement. This is another positive step forward for Tektronix and our customers.
With your help, Tektronix has grown to be a leader in the test and measurement industry. The strategic fit with Danaher Corporation is compelling - once we become part of Danaher upon completion of the transaction, we believe we will be in a position to accelerate our growth and to strengthen our ability to provide improved service and solutions to meet your needs. Our customers will benefit from Danaher's focused distribution channel and our combined commitment to expanding our global reach. More specifically, we believe the combined entity will provide by far the strongest portfolio in its class of test and measurement products in the industry.
Please be assured that this change will not be disruptive in any way. Danaher believes in a decentralized operating environment and will position Tektronix as a stand-alone operating company within Danaher's Electronic Test business. The sale transaction will not be complete until customary approvals are obtained, which we expect by the end of this year. Until then, we continue to operate as we always have. We appreciate the continued support from all of you as we make this transition as seamless as possible for our customers.
Your business continues to be extremely important to us. Please do not hesitate to contact either of us if you have any questions or concerns.
Information on Danaher Corporation is available at www.danaher.com. Danaher is known for acquiring and building businesses. It is headquartered in Washington, DC. Today it has over $10 billion in sales and a global foot print of nearly 50,000 associates. The Electronic Test platform is one of Danaher's largest and fastest growing businesses and we look forward to Tektronix becoming a part of it.
Tektronix is a leading supplier of test, measurement, and monitoring products, solutions and services for the communications, computer, and semiconductor industries - as well as military/aerospace, consumer electronics, education and a broad range of other industries worldwide. With 60 years of experience, Tektronix enables its customers to design, build, deploy, and manage next-generation global communications networks, computing and advanced technologies. Headquartered in Beaverton, Oregon, Tektronix has operations in 19 countries worldwide. For more information visit www.tektronix.com.
Best regards,
Jim Lico
Danaher Executive Vice President Rick Wills
Tektronix Chairman, President and CEO
Date: October 16, 2007
To: Tektronix Customers
On Monday, October 15, we announced Tektronix, Inc. signed a definitive agreement to be acquired by Danaher Corporation. We are very excited about this agreement. This is another positive step forward for Tektronix and our customers.
With your help, Tektronix has grown to be a leader in the test and measurement industry. The strategic fit with Danaher Corporation is compelling - once we become part of Danaher upon completion of the transaction, we believe we will be in a position to accelerate our growth and to strengthen our ability to provide improved service and solutions to meet your needs. Our customers will benefit from Danaher's focused distribution channel and our combined commitment to expanding our global reach. More specifically, we believe the combined entity will provide by far the strongest portfolio in its class of test and measurement products in the industry.
Please be assured that this change will not be disruptive in any way. Danaher believes in a decentralized operating environment and will position Tektronix as a stand-alone operating company within Danaher's Electronic Test business. The sale transaction will not be complete until customary approvals are obtained, which we expect by the end of this year. Until then, we continue to operate as we always have. We appreciate the continued support from all of you as we make this transition as seamless as possible for our customers.
Your business continues to be extremely important to us. Please do not hesitate to contact either of us if you have any questions or concerns.
Information on Danaher Corporation is available at www.danaher.com. Danaher is known for acquiring and building businesses. It is headquartered in Washington, DC. Today it has over $10 billion in sales and a global foot print of nearly 50,000 associates. The Electronic Test platform is one of Danaher's largest and fastest growing businesses and we look forward to Tektronix becoming a part of it.
Tektronix is a leading supplier of test, measurement, and monitoring products, solutions and services for the communications, computer, and semiconductor industries - as well as military/aerospace, consumer electronics, education and a broad range of other industries worldwide. With 60 years of experience, Tektronix enables its customers to design, build, deploy, and manage next-generation global communications networks, computing and advanced technologies. Headquartered in Beaverton, Oregon, Tektronix has operations in 19 countries worldwide. For more information visit www.tektronix.com.
Best regards,
Jim Lico
Danaher Executive Vice President Rick Wills
Tektronix Chairman, President and CEO
You scared me, there. No more Tek scopes?
Is this gonna turn out like Sony's direct lies about the film and music business, where during and just after the deals they swore on multiple stacks of multiple bibles, that they would NEVER change the name of Columbia, or A&M?
When marketing people and company execs get ahold of a company..they soon realize that every piece of equipment going out the door becomes a prime candidate for quality advertising and old stand-by names of the past, known for their integrity and quality can get lost in the zeal of a new advertising venue.
In this way, the Tek name can be relegated to the dustbin, by Danaher wanting to attach their name to the position that Tek holds in our hearts and minds. In the end, it really does not mean much, as a old Tek is an old Tek. That is in no way a reflection of the recent version of the company. Each choice of component cannot be made by name brand alone, it must rest on the integrity and functionality of the given item itself. But many people foolishly shop by brand alone, the smart assess in the individual sense, leaving the brand association as a point of 'first right of consideration', but little else.
I can be a victim of my own nostalgia as much as the next guy. Next thing you know, we'll all be buying Harleys and re-issued Ford Mustangs based on absolutely no reality except our desire to tear-jerk ourselves into our past, which is only a legend in our own minds.
Blah blah blah. For some of you, I'm stating the obvious, for some...not so.
Is this gonna turn out like Sony's direct lies about the film and music business, where during and just after the deals they swore on multiple stacks of multiple bibles, that they would NEVER change the name of Columbia, or A&M?
When marketing people and company execs get ahold of a company..they soon realize that every piece of equipment going out the door becomes a prime candidate for quality advertising and old stand-by names of the past, known for their integrity and quality can get lost in the zeal of a new advertising venue.
In this way, the Tek name can be relegated to the dustbin, by Danaher wanting to attach their name to the position that Tek holds in our hearts and minds. In the end, it really does not mean much, as a old Tek is an old Tek. That is in no way a reflection of the recent version of the company. Each choice of component cannot be made by name brand alone, it must rest on the integrity and functionality of the given item itself. But many people foolishly shop by brand alone, the smart assess in the individual sense, leaving the brand association as a point of 'first right of consideration', but little else.
I can be a victim of my own nostalgia as much as the next guy. Next thing you know, we'll all be buying Harleys and re-issued Ford Mustangs based on absolutely no reality except our desire to tear-jerk ourselves into our past, which is only a legend in our own minds.
Blah blah blah. For some of you, I'm stating the obvious, for some...not so.
The trigger on the 465, which I still use today, was a masterpiece. Unfortunately, scopes are now a commodity and so it's harder to make a profit to fund new innovation. You can do just about everything (except RF work) on a good soundcard.
Well, if you want a TEK you better buy one now cause the price on ebay is going ^^^.
Well, if you want a TEK you better buy one now cause the price on ebay is going ^^^.
Sign of the times.
Maytag, the best, was bought out by whirlpool, the worst.
Likewise... Quantum drives sold to Maxtor... and if there is any poetic justice in this life, Maxtor will be bought out by Seagate and they'll all go hungry.
CHEAP schitt sells better even if it is false economy, and those CHEAP schitt suppliers end up with more profits to buy out the quality manufacturers and turn them into schitt , while capitalizing every last cent out of the quality namebrand. It's why chinese products are shutting down the economies of the world.
Like chevy, the company that built it's reputation on impalas w/283's and powerglides, who prostituted their "NAMEBRAND momentum" for the next decade selling corvairs and vegas to their unsuspecting clients. But cheevy is still the best the U.S. has to offer, right?
If PRICE wasn't the most contributing factor in purchasing... we'd all have 100terrahertz computers by now.
Even in the new economy, the old adage is true. You get what you pay for.
Maytag, the best, was bought out by whirlpool, the worst.
Likewise... Quantum drives sold to Maxtor... and if there is any poetic justice in this life, Maxtor will be bought out by Seagate and they'll all go hungry.
CHEAP schitt sells better even if it is false economy, and those CHEAP schitt suppliers end up with more profits to buy out the quality manufacturers and turn them into schitt , while capitalizing every last cent out of the quality namebrand. It's why chinese products are shutting down the economies of the world.
Like chevy, the company that built it's reputation on impalas w/283's and powerglides, who prostituted their "NAMEBRAND momentum" for the next decade selling corvairs and vegas to their unsuspecting clients. But cheevy is still the best the U.S. has to offer, right?
If PRICE wasn't the most contributing factor in purchasing... we'd all have 100terrahertz computers by now.
Even in the new economy, the old adage is true. You get what you pay for.
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