Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. The Companys research and development, manufacturing, sales, distribution, service and administrative facilities are located in more than 50 countries. It operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental; and Industrial Technologies. In April 2011, the Company sold its Pacific Scientific Aerospace (PSA) business. On June 30, 2011, the Company acquired Beckman Coulter, Inc. (Beckman Coulter). Danaher has acquired more than 400 companies since 1984, leveraging the Danaher Business System (DBS) and building upon the strength of these great businesses. Mergers and Acquisitions are a key part of Danahers growth strategy. Management focus on strong performers in attractive markets whose results will benefit from DBS. in acquiring businesses, Danaher seek to achieve leading, incremental topline growth and operating income expansion via DBS, Danahers global scope and a decentralized control structure that maintains the strengths of the businesses we buy.