Fortive

Fortive Corporation
Public
Traded as NYSE: FTV
S&P 500 Component
Industry Conglomerate
Founded 2016
Headquarters Everett, Washington,
United States
Area served
 Worldwide
Key people
 James A. Lico
(President & CEO)
Revenue IncreaseUS $6.7 billion (2017)
Number of employees
 24,000 (2016)
Divisions Professional Instrumentation,
Industrial Technologies
Subsidiaries Fluke Corporation
Gems Sensors & Controls
Gilbarco Veeder-Root
Hengstler GmbH
Industrial Scientific Corporation
Jacobs Vehicle Systems
Matco Tools
Qualitrol
Setra Systems
Tektronix
Teletrac
Website www.fortive.com

Fortive is a diversified industrial conglomerate company headquartered in Everett, Washington, United States. Fortive was spun off from Danaher in July 2016,[1] and at the point of its independent incorporation, it immediately became a component of the S&P 500.

Spread across more than 40 countries, Fortive's portfolio comprised over 20 businesses in the areas of field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution.[2] In July 2018, Fortive announced it is buying a software firm named Accruent for about $2 billion. Accurent makes software to track real estate and facilities.[3]

Strategic Segments[4]

Fortive’s operating companies are organized into two strategic segments:

Professional Instrumentation

  • Field Solutions
  • Product Realization
  • Sensing Technologies

Industrial Technologies

  • Transportation Technologies
  • Automation & Specialty
  • Franchise Distribution

References

  1. ↑ "Danaher Completes Fortive Spin-Off, Trading to Begin Today". Retrieved 2017-11-10.
  2. ↑ "About Fortive | Fortive". www.fortive.com. Retrieved 2017-11-13.
  3. ↑ "Everett's Fortive scoops up software company for $2 billion". The Seattle Times. 2018-07-31. Retrieved 2018-08-01.
  4. ↑ "Fortive businesses | Fortive". www.fortive.com. Retrieved 2017-11-10.
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