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Danaher Corporation is an American global conglomerate founded in 1984 by brothers Steven and Mitchell Rales. Headquartered in Washington, D.C. , the company designs, manufactures, and markets medical, industrial, and commercial products and services.
In 1978, they changed the name to Diversified Mortgage Investors and then to Danaher in 1984. [6] In the 1980s, the AM side of radio station WGMS was sold off to Rales, who converted it WTEM, a sports-talk station, in 1992. In 1988, he made a takeover bid of Interco, which was the largest manufacturer of furniture and men's shoes in the U.S. at ...
Danaher Death Squad (DDS) was an American submission grappling team founded by John Danaher which was originally part of the Renzo Gracie Academy. DDS team is known for their usage of leglocks as well as its accomplishment in major grappling competitions such as the ADCC Submission Fighting World Championship .
The initial public offering was June 21, 2000 at US$6 per share. Cepheid stock was listed on the Nasdaq under the ticker symbol CPHD until it was acquired by Danaher in 2016. [35] [independent source needed] The company's first CEO was Tom Gutshall, who held the position from 1996 to 2002. [36] In April 2002, John L. Bishop was appointed CEO. [2]
Steven M. Rales (born March 31, 1951) is an American businessman and film producer.He founded Danaher Corporation with his brother Mitchell Rales in 1984 and is its chairman.
In 1990, the hand tool company was acquired by the brothers' Danaher Corporation. [4] This acquisition made the tools division the largest part of Danaher. [5] In 1991, Sears selected Danaher to be the exclusive supplier of Craftsman mechanic's tools. [6] In 2010, Danaher merged its tools division with Cooper Tools to form Apex Tool Group.