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Keithley will become part of Danaher's Tektronix business.
"Along with Fluke and Tektronix, Keithley further solidifies Danaher's leading position in the Test & Measurement industry and presents an attractive value creation opportunity," said Jim Lico, executive vice president at Danaher.
Danaher is a diversified manufacturer serving professional, medical, industrial and commercial customers.