Fortive spinning off Tektronix - Page 1
Forum section: electronics / testgear

author: chicken
author_rank: Frequent Contributor
timestamp: September 05, 2024, 12:03:54 am
content: Looks like Tektronix will be sent on the HP -> Agilent -> Keysight journey:https://investors.fortive.com/news-events/press-releases/detail/242/fortive-announces-strategic-plans-for-separation-into-two-independent-public-companiesFortive Announces Strategic Plans for Separation Into Two Independent Public CompaniesSeparation Will Create Two Scaled Companies with Focused Business Models: Fortive to Focus on Resilient, High-Quality Recurring Growth Portfolio and the New Company Comprised of the Precision Technologies Businesses (“NewCo”) to Focus on Powerful Secular Growth TrendsTheir "Precision Technologies" division includes Tektronix among a few lesser known brands:https://fortive.com/work#precision-technologiesInterestingly, Fluke is part of "Intelligent Operating Solutions", so it looks like they stay with the parent company. Unless there's some more fine-grained portfolio shuffling...https://fortive.com/work#intelligent-operating-solutions

author: temperance
author_rank: Super Contributor
timestamp: September 05, 2024, 01:54:26 am
content: I rewrote the text because it was boring.We strive for carbon neutrality and give back to the earth. Hence the earth connection on all our equipment which we painted blue into which we sink competitor crushing advantages is causing a paradigm shift in our industry, a true zenith in evolution all that combined with disruptive cutting-edge technologies offering unprecedented potential for extraordinary exponential growth able to set new standards in achieving the unimaginable while we reshape the world of tomorrow into a pile of dust brighter than ever before.

author: coppercone2
author_rank: Super Contributor
timestamp: September 05, 2024, 02:03:55 am
content: It sounds like a black ops division. Secular meaning they don't stop the experiments when they find demonic runes on Mars.I think the Vatican should investigate before they open a demonic warp gate.

author: Smokey
author_rank: Super Contributor
timestamp: September 05, 2024, 02:54:53 am
content: I'm a whole company behind... I thought they were still directly part of the evil Danaher Corp.

author: chicken
author_rank: Frequent Contributor
timestamp: September 05, 2024, 02:58:54 am
content: Oh, so we're already at the Agilent stage

author: 44kgk1lkf6u
author_rank: Regular Contributor
timestamp: September 05, 2024, 03:00:55 am
content: What happened to Keithley? I don't see it on the list.

author: chicken
author_rank: Frequent Contributor
timestamp: September 05, 2024, 03:03:29 am
content: Looks like they are now "a Tektronix company"https://www.tek.com/en/products/keithley

author: floobydust
author_rank: Super Contributor
timestamp: September 05, 2024, 03:10:27 am
content: They buy legendary brand names and then milk the cow until it's dead. No feeding the cow, that lowers profit lol. This is what conglomerates do. It's all so tiresome.Fortive sucks ass, R&D and new product rollout is pretty much nothing compared to before acquisitions. They are about fintech, catering to investors and all that death to innovation that results.If I have to see another re-hash of the Fluke 87 with price increaseit's comedy now but the end of LTC will force a move there.Tektronix requires a lot of R&D spending to compete, it's long-term not a Boeing kind of rush. Of course no conglomerate wants to spend that money. It takes years to build up such a business and sorry, the cow is dead... spinning off a dead cow?

author: chicken
author_rank: Frequent Contributor
timestamp: September 05, 2024, 03:22:05 am
content: floobydust go it! From the press release:Quote

author: ArdWar
author_rank: Frequent Contributor
timestamp: September 05, 2024, 04:21:27 am
content: It is PR blurbs for *investors*, not consumers. It even say so in the url. You know very well "value" is stock value, "growth" is market cap or whatever metric is used for valuation these days. It's all money, they don't care about those nerdy technical stuff.

author: moerm
author_rank: Regular Contributor
timestamp: September 05, 2024, 05:30:23 am
content: One of the reasons, actually the main one, why I prefer instruments from the 80ies, 90ies, orearly2000s, because back then tech companies still had some "tech" and R&D in them. Nowadays most of them are only about "shareholder value" and similar "get rich and then even more rich" BS."Fintech" and similar are simply a social cancer.

author: David Hess
author_rank: Super Contributor
timestamp: September 05, 2024, 01:36:57 pm
content: Will Fortive bundle a pile of debt onto Tektronix before it is sold?

author: tv84
author_rank: Super Contributor
timestamp: September 05, 2024, 01:45:22 pm
content: From what I've read above, Tek will be/is dead shortly.

author: tooki
author_rank: Super Contributor
timestamp: September 05, 2024, 02:55:10 pm
content: OK, I had to look up what “secular” means in economics, and it means long-term, non-cyclical.In that case, splitting Tek off as a separate company that operates with long-term planning, I’m all for it. I think more companies need to move away from short-term profit windows.

author: BeBuLamar
author_rank: Super Contributor
timestamp: September 05, 2024, 03:02:52 pm
content: So Tek will sell DMM and Fluke will revamp it's scope offering beyond there Scopemeter line?

author: wasedadoc
author_rank: Super Contributor
timestamp: September 05, 2024, 03:13:25 pm
content: Quote from: BeBuLamar on September 05, 2024, 03:02:52 pmSo Tek will sell DMM and Fluke will revampitsscope offering beyondtheirScopemeter line?

author: BeBuLamar
author_rank: Super Contributor
timestamp: September 05, 2024, 04:55:55 pm
content: Quote from: wasedadoc on September 05, 2024, 03:13:25 pmWell Tek did sell DMM and they had a couple of good model and when they belonged to the same parent company those meters became the Fluke 183 and 185. Tek also stopped making portable scope.