Danaher Corporation Announces Signing a Definitive Agreement to Acquire Telecom Tools, Test Sets and Test Systems Product Lines

Danaher Corporation Announces Signing a Definitive Agreement to
Acquire Telecom Tools, Test Sets and Test Systems Product Lines From Harris
Corporation 


WASHINGTON, May 10  /PRNewswire-FirstCall/ -- Danaher Corporation  announced
today that it has signed a definitive agreement to purchase the telecom tools,
test sets and test systems product lines from Harris Corporation  for
approximately $50 million in cash, including transaction costs and net of cash
acquired. Located in Camarillo, California, these business lines generated
approximately $32 million of revenues in fiscal 2003 and will become part of
Danaher's electronic test platform. The company expects minimal accretion in
2004. The acquisition remains subject to customary closing conditions and is
expected to close in the second quarter of 2004.

Danaher Corporation is a leading manufacturer of Process / Environmental
Controls and Tools and Components (http://www.danaher.com/).

Statements in this presentation that are not strictly historical may be
"forward-looking" statements, which involve risks and uncertainties. These
include risks and uncertainties relating to customer and supplier relationships
and prices, competition, market demand, litigation and other contingent
liabilities, the integration and operation of acquired businesses, and
economic, political, governmental and technological factors affecting the
Company's operations, markets, products, services and prices, among others, as
set forth in the Company's SEC filings. 

DATASOURCE: Danaher Corporation



CONTACT:  Andy Wilson, VP Investor Relations of Danaher Corporation,

[phone] 



Web site:  http://www.danaher.com/ 

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