Tektronix sold

Nope; the price will go UP; how the hell do you think they fund billion-dollar buy-outs anyway?

Subject: Danaher Buys Rival Test Equipment Maker - New York Times X-URL:

October 15, 2007

Danaher Buys Rival Test Equipment Maker

By THE ASSOCIATED PRESS

The Danaher Corporation is buying test and measurement equipment maker Tektronix Inc. for $2.85 billion in a move to expand its electronic testing business.

..

Tektronix will become part of Danahers electronic test platform, joining Danahers Fluke and Fluke Networks businesses, and nearly doubling the platforms revenue.

..

Danaher makes environmental and electronic testing technology, like bar code readers, as well as dental products and medical instruments.

Danahers tools and components segment includes hand tools, automotive specialty tools, and accessories sold under such brand names as Sears Craftsman.

That's BIG news.

Dave.

I hope i can get one cheaper OSCO, since it is acquired by Danaher

X-URL:

Did Leicas plummet in price?

Best regards, Spehro Pefhany

-- "it's the network..." "The Journey is the reward" snipped-for-privacy@interlog.com Info for manufacturers:

It works the other way...

Usually when a company is purchased, the buyer expects to increase prices to pay off the purchase price quicker.

...or down the semiconductors...

So you're saying it's naive to think they'll fund it by cost reductions from reduced administrative overheads and new sales from better products that can now be produced given their combined resources?

Hmm... ok, I suppose that is naive...

Now they'll have more layers of management because of the larger parent company. Probably means management will be farther removed from reality. To solve this problem, more management will be added. Plus, they'll start cutting work force or out sourcing to India if money isn't flowing as they expect. Last to be cut are the managers since technical staff is easily replaceable.

In all seriousness, I hope the parent company is a good one. Sure hate to see Tek go down the tubes.

In my mind, that all already happened by 1982-83. I was working there during that transition, and years before it, and was lucky enough to be able to have a serious, personal discussion with one of the key board members in 1983, Jim Castles, after what I then imagined had been a short series of very bad, sweeping direction changes from the Tek board. I had been surprised to hear him not only agree with me about some of the reasoning, but to add a few things to the picture, as well.

Jon

"Joel Koltner" wrote in news: snipped-for-privacy@corp.supernews.com:

When I worked there,TEK had lots of administrative overhead.(not me,I was a tech in field service) Too many beancounters,for starters. They also were great at wasting money on the wrong things. (lots of political correctness,too)

B-)

Yeah. Those of us that grew up, technically speaking, with 454's and 465's knew the golden era was over with the 22** series.

But in all fairness Tek sold me a 2235 on time payments back around '85 to start my midnight engineering business. It's still on my bench with good calibration and bright trace. So I shouldn't complain.

qrk wrote in news: snipped-for-privacy@4ax.com:

Same one that owns Fluke. There's a press release at

You should find a copy of "Winning with People,the First 40 years of Tektronix" by Marshall M. Lee. A very good read.

Then you will really cry. The next 10-15 years after that were a clusterfuck.

Jim Stewart wrote in news:FfGdnb1mvfslPIvanZ2dnUVZ snipped-for-privacy@omsoft.com:

Heck,no! The 2465 series was the BEST scope TEK ever made. Especially "technically". the 22xx series was always intended as a low-cost budget scope,replacing the T900 series(not the 465s).(and I'd still rather have a T922/935 over many other scopes. I have a 2213 myself.)

The killer was when TEK sold off it's Hybrid/ICO operation to Maxim. That's when I knew the beancounters had begun the final slide.

Do you have a copy of "Winning With People,the First 40 Years at Tektronix"?

I still have my copy. It just became an heirloom,a piece of History.

I agree. I bought it on Jim Y.'s recommendation and it's quite interesting. They did a lot right, but were also in the right place at the right time.

Best regards, Spehro Pefhany