NetScout Systems agreed to acquire the communications unit of Danaher Corp., which owns Oregon-based Tek, for $2.6 billion.
NetScout Systems agreed to acquire the communications unit of Danaher Corp., which owns Oregon-based Tek, for $2.6 billion.
NetScout will broaden its customer base with Danaher businesses such as Arbor Networks, whose security products help prevent cyber threats, and Tektronix Communications, a provider of support for communications services. The new company, with revenue of about $1.2 billion, will also include certain parts of network monitoring-unit Fluke Networks.
Tektronix Communications is the result of Tek’s 2004 purchase of a Texas company called Inet Technologies. Though it retained the Tektronix name, Tektronix Communications has been run separately since Danaher bought Oregon-based Tek in 2007.
Read more at OregonLive.com
