Danaher Corp., Washington, D.C., said its subsidiary Fluke Electronics Corp. has agreed to buy Visual Networks Inc. for $75 million in cash, or $1.83 per share. Visual Networks, Rockville, MD, provides network test and application performance management solutions.

 

Danaher Corp. is a leading manufacturer of professional instrumentation, industrial technologies, and tools and components.

 

The merger agreement, which has been unanimously approved by Visual Networks' board of directors, is subject to Visual Networks' shareholder approval, regulatory approvals and other customary conditions.