Fortive Buys Landauer For $770M

Everett, Washington-based Fortive--the parent company of Fluke, Qualitrol and Industrial Scientific--said today that it has agreeed to acquire Landauer, a provider of personal and environmental radiation measurement and monitoring and outsourced medical physics services, in a deal worth $770M. According to Fortive, it will pay $67.25 per share for Landauer. Landauer was based in Glenwood, Illinois, and had revenues of $143M in 2016.