Investopedia: Danaher Does Another Typiacl Danaher Deal
Danaher (NYSE:DHR) is built through acquisitions,
but it's an odd company in that it doesn't necessarily (or even often)
buy great companies. Instead, Danaher seems to focus on buying companies
that can be made substantially better under its aegis. With that
profile in mind, Danaher's acquisition of IRIS International (Nasdaq:IRIS) makes a great deal of sense.