Fluke Networks, Inc., part of the Danaher family of companies (NYSE:DHR), and Fotec Inc. announced the acquisition of Fotec by Fluke Networks. Fotec is a provider of fiber optic test equipment and structured cabling education. Financial terms of the agreement were not disclosed, but 2000 revenues were less than $5 million, and Fluke Networks will acquire all products and technology, and hire all people associated with the company.
The purchase of Fotec continues Fluke Networks' expansion of fiber-optic solutions used for testing and certification of fiber optic networks. It also incorporates Fotec's web-based "Fiber U" and "Wire U" educational programs and conferences with Fluke Networks' own training programs.
"Fiber is quickly becoming the leading choice for high-bandwidth backbone installations and other critical links. The growth of fiber-based LANs is dependent on having the right tools for those tasked with supporting fiber optic networks," said Chris Odell, president of Fluke Networks, Inc. With Fotec, Fluke aims to provide a comprehensive line of certification, inspection and documentation solutions for the copper and fiber infrastructure.
About Fotec, Inc.:
Founded in 1981, Fotec designs and builds fiber optic test instruments. Fotec is also heavily involved in the development of the basic technology of fiber optic measurements through its participation in industry standards groups. For more information, visit www.fotec.com.
About Fluke Networks:
Fluke Networks' solutions provide network owners, installers and maintainers with vision, combining speed, accuracy and ease of use to ensure maximum network performance and the fast resolution of problems. For more information, visit www.flukenetworks.com.