Fluke Corporation was founded in 1948 as an electrical test equipment manufacturer. Over the years the company has successfully expanded its product line into multiple market segments, but test and measurement remains a major part of Fluke’s manufacturing. In fact, Fluke has remained a leader in the area of portable hand held test instruments for the last 40 years. Fluke is also responsible for three separate company segments that specialize in precision measurement and calibration (Fluke Calibration), data communications (Fluke Networks), and medical equipment (Fluke Biomedical). The company is credited with the development of revolutionary thermal imaging technology that made thermal imagers easier to use and drove market price downward by over $15,000. Fluke also developed the first wireless multimeter with a detachable display in 2009; this allows for much easier testing when the object under test is a distance away from the controls.
Fluke’s test and measurement product line currently includes digital multimeters, clamp meters, electrical testers, power quality analyzers, thermal imagers, insulation resistance testers, portable oscilloscopes, earth ground testers, infrared and contact thermometers, air quality meters, and vibration testers. Any of these products that require NIST-traceable calibration are calibrated in-house at Fluke’s calibration lab. Additionally Fluke maintains an environmental safety lab in which all products are baked, frozen, shaken, shocked, and abused to test how they stand up to years of hard use. If a test shows a flaw or weakness, the product is re-engineered.
Fluke was purchased by the Danaher Corporation in 1998. This acquisition has transformed Fluke into what is today a billion dollar company. Danaher is a global conglomerate founded in 1969. The company is headquartered in Washington D.C. and today employs about 63,000 people. Danaher had a net income of $2.4 billion in 2012 and also achieved sales of $18.3 billion in the same year. Danaher operates on a never-ending cycle of change and improvement which reinforces the company's industry leadership and results in superior all-around performance.
The Danaher Corporation’s business is broken up into five different segments:
- Test & Measurement: This is the second largest business segment but it is the one Tequipment specializes in. Danaher-owned companies produce some of the best electronic test and measurement instruments in the world for communications and enterprise networks.
- Environmental: Danaher provides products that help protect our water supply and air quality, and aid global petroleum enterprises. These products include water quality analyzers, water disinfection systems, fuel dispensing systems, and remote fuel management systems, all manufactured to ensure environmental compliance.
- Dental: Danaher also provides a broad range of equipment, consumables, and services for dental professionals worldwide.
- Life Sciences & Diagnostics: This is Danaher’s largest business segment. Its products include research and clinical tools for scientists studying complex biological matters, as well as analytical instruments, software and reagents primarily for hospitals.
- Industrial Technologies: Danaher designs and manufactures components and systems that are made to be incorporated into other products by manufacturers. These products are sold to manufacturers for a diverse set of applications.