Tektronix sold

[Robert Baer]

That's BIG news.

Dave.

Hmmm...
....will take my busted screwdriver that i bought 20 years ago, along
with my Tek 541 to Sears for free replacement...

 

[Robert Baer]

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

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

 

[David Lesher]

Subject: Danaher Buys Rival Test Equipment Maker - New York Times
X-URL: http://www.nytimes.com/2007/10/15/business/15apdeal.html?ref=technology&pagewanted=print


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.

 

[David L. Jones]

Subject: Danaher Buys Rival Test Equipment Maker - New York Times
X-URL:http://www.nytimes.com/2007/10/15/business/15apdeal.html?ref=technolo...

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.

 

[Simon]

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

 

[Spehro Pefhany]

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

Did Leicas plummet in price?


Best regards,
Spehro Pefhany

 

[Jim Stewart]

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

It works the other way...

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

 

[Robert Baer]

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.

....or down the semiconductors...

 

[Joel Koltner]

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

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...

 

[qrk]

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.

 

[Jonathan Kirwan]

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

 

[Jim Yanik]

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...

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-)

 

[Jim Stewart]

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.

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.

 

[Jim Yanik]

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.

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

Sure hate
to see Tek go down the tubes.

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 Yanik]

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.

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.)

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.

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.

 

[Spehro Pefhany]

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


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

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.

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

Best regards,
Spehro Pefhany