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Danaher Corporation engages in the design, manufacture, and marketing of industrial and consumer products. It operates in three segments: Professional Instrumentation, Industrial Technologies, and Tools and Components. The Professional Instrumentation segment produces and sells electronic test tools and calibration equipment; water quality instrumentation and consumables, and ultraviolet disinfection systems; retail/commercial petroleum products and services, including underground storage tank leak detection systems; critical care diagnostic instruments; and a range of products used by dental professionals. The Industrial Technologies segment offers products and subsystems that are used by original equipment manufacturers into various end-products and systems, as well as by customers and systems integrators into production and packaging lines. It offers product identification equipment and consumables; motion, position, speed, temperature, and level instruments, as well as sensing devices; power switches and controls; power protection products; liquid flow and quality measuring devices; safety devices; and electronic and mechanical counting and controlling devices. The Tools and Components segment produces and distributes general purpose and specialty mechanics' hand tools. Its products include toolboxes and storage devices; diesel engine retarders; wheel service equipment; drill chucks; custom-designed headed tools and components; and precision socket screws, fasteners, and miniature precision parts. The company was organized in 1969. It was formerly known as DMG, Inc. and changed its name to Diversified Mortgage Investors, Inc. in 1978. Further, the company changed its name to Danaher Corporation in 1984. Danaher is headquartered in Washington, D.C.