To build market share in the growing market for non-contact infrared thermometers, Danaher Corp., Wash., the parent of Fluke Corp., has agreed to buy Raytek Corp., Santa Cruz, Calif., for about $75 million.
Raytek, with 2001 revenues exceeding $50 million, is a U.S. producer of non-contact infrared thermometers for industrial, maintenance, and quality control applications where temperature is a critical parameter. Users can measure an object's temperature remotely just by pressing a b
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