Danaher Corporation announced today that it has completed the acquisition of Marconi Data Systems, formerly known as Videojet, from Marconi plc (MONI.L) for $400 million. Videojet, with approximately $300 million in revenues, is a worldwide leader in the market for product identification equipment and consumables.

"We are excited to begin the year with the creation of Danaher's fifth strategic platform, Product Identification," said H. Lawrence Culp, Jr., Danaher's President and Chief Executive Officer. "As a leading player in a large, fragmented global market, Videojet provides a tremendous platform for both organic growth and add-on acquisitions."

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

Statements in this release that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties. These include economic and currency conditions, market demand, pricing, and competitive and technological factors, among others, as set forth in the company's SEC filings.

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SOURCE: Danaher Corporation