FTV

Motivate Venture Capital Launches $81 Million Fund II to Empower the Next Generation of Trailblazing Startups

Retrieved on: 
Thursday, December 14, 2023
Software, Professional Services, Business, Data Management, Payments, Technology, Social Services, Digital Cash Management, Digital Assets, Asset Management, Artificial Intelligence, Security, Finance, Lazarus, Machine learning, Inca Empire, Venture capital, FTV, Fund, Organization, Heineken, Risk, Artificial intelligence, Insurance, Coca-Cola, FX, Financial services, Digital, Motivation, Government, Transport, Retail, Medical device

Motivate Venture Capital (“Motivate”) is pleased to announce its sophomore VC fund, Motivate Ventures Fund II, an $81 million vehicle anchored by two global Financial Services institutions.

Key Points: 
  • Motivate Venture Capital (“Motivate”) is pleased to announce its sophomore VC fund, Motivate Ventures Fund II, an $81 million vehicle anchored by two global Financial Services institutions.
  • Fund II is strategically designed to foster the next generation of era-defining companies, marking a significant milestone in Motivate’s journey to empower the earliest stages of technological innovation across North America.
  • Though only now officially announcing Fund II, Motivate has already invested in over 20 companies out of the fund.
  • For further information about Motivate's Fund II and their portfolio companies, please reach out to www.motivate.vc/contact/

Tektronix Releases 4 Series B Mixed Signal Oscilloscope, Increasing Processing Power for Quicker Analysis & Data Transfer Speed

Retrieved on: 
Tuesday, December 5, 2023
NYSE, FTV, Web browser, Algorithm, Rest, System, MSO, BMW 4 Series (G22), Noise, Television, Fortive

BEAVERTON, Ore., Dec. 5, 2023 /PRNewswire/ -- Tektronix, Inc, a leading provider in test and measurement solutions and Fortive (NYSE: FTV) company, today announced the launch of its 4 Series B Mixed Signal Oscilloscope (MSO) featuring state-of-the-art measurement performance capabilities on all channels, unmatched user experience, and advanced analysis capabilities. Made for embedded designers who demand superior accuracy, versatility and ease-of-use, the Tektronix 4 Series B MSO offers the same cutting-edge signal fidelity as the earlier version 4 Series with bandwidths from 200 MHz to 1.5 GHz, real-time sampling at 6.25 GS/s and up to 16-bit vertical resolution. It also includes the same award-winning, made-for-touch user interface, but with an upgraded processor system. Customers will note that the 4 Series B MSO user interface is twice as responsive and boasts significantly accelerated advanced analysis.

Key Points: 
  • Customers will note that the 4 Series B MSO user interface is twice as responsive and boasts significantly accelerated advanced analysis.
  • "The 4 Series B MSO was engineered to enable designers to analyze their systems faster to combat time-to-market pressure," said Daryl Ellis, Tektronix Mainstream Portfolio General Manager.
  • "What sets the 4 Series B MSO apart from the rest is the premier user experience and faster analysis capabilities."
  • For more details on the Tektronix 4 Series B MSO, visit tek.com/4SeriesMSO .

Fortive Declares Regular Quarterly Dividend on its Common Stock

Retrieved on: 
Thursday, November 2, 2023
Health, Technology, Manufacturing, Health Technology, Software, Other Manufacturing, Fortive, FTV, Growth, Investment, NYSE, Holding company

Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common stock, representing 14% increase over the previous quarterly dividend.

Key Points: 
  • Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common stock, representing 14% increase over the previous quarterly dividend.
  • James A. Lico, President and Chief Executive Officer, stated, “As a reflection of the confidence in our capital strength and robust cash generation, we are increasing our quarterly dividend in the fourth quarter, while prioritizing investments for growth aligned to our leadership positions in our connected workflows leveraged to favorable megatrends.
  • We believe our capital deployment, along with sustainable and more profitable growth across our portfolio, will be a key driver to delivering the mid-teens compounded earnings and free cash flow growth that we are targeting over the long term.”
    The dividend is payable on December 29, 2023 to common stockholders of record on November 24, 2023.
  • Although Fortive expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including any increase in amount, the record dates and the payment dates for any such future dividend payments, is subject to the discretion of the Board of Directors.

Fortive to Present at the Baird Global Industrial Conference

Retrieved on: 
Tuesday, October 31, 2023
Health, Technology, Manufacturing, Health Technology, Software, Other Manufacturing, Senior, Fortive, FTV, Conference, NYSE, Television, Management

Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Senior Vice President and Chief Financial Officer, Charles E. McLaughlin, will be presenting at the Baird 2023 Global Industrial Conference on Tuesday, November 7th, 2023 at 8.20 a.m.

Key Points: 
  • Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Senior Vice President and Chief Financial Officer, Charles E. McLaughlin, will be presenting at the Baird 2023 Global Industrial Conference on Tuesday, November 7th, 2023 at 8.20 a.m.
  • ET (5:20 a.m. PT).
  • The audio will be simultaneously webcast and will be archived on www.fortive.com .

FTV Capital Named to Inc.’s Founder-Friendly Investors List for Third Consecutive Year

Retrieved on: 
Tuesday, October 31, 2023
Finance, Business, Banking, Professional Services, Fintech, FTV, Fleeton, Virginia, Trust, Growth, Marketing, Record, Investment, Blackstone, Financial services, Cryptocurrency

FTV Capital , a leading sector-focused growth equity investment firm, today announced its inclusion for the third consecutive year on Inc.’s annual Founder-Friendly Investors list , which honors the private equity and venture capital firms with the best track records of success backing entrepreneurs.

Key Points: 
  • FTV Capital , a leading sector-focused growth equity investment firm, today announced its inclusion for the third consecutive year on Inc.’s annual Founder-Friendly Investors list , which honors the private equity and venture capital firms with the best track records of success backing entrepreneurs.
  • “Now more than ever, founder-led companies need financing partners that offer guidance, expertise, and understanding—not just capital.
  • This announcement comes during a significant year for FTV as the firm commemorates 25 years of growth equity leadership.
  • To compile the list, Inc. went straight to the source: entrepreneurs who have sold to private equity and venture capital firms.

Fortive Reports Strong Third Quarter 2023 Results; Narrows Full Year 2023 Outlook

Retrieved on: 
Wednesday, October 25, 2023
Apps, Applications, Technology, Mobile, Wireless, Telecommunications, Software, Networks, Internet, Hardware, Data Management, Fortive, FTV, NYSE, Webcast, Automation, Textile, Video game

Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the third quarter 2023.

Key Points: 
  • Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the third quarter 2023.
  • Diluted net earnings per share for the third quarter was $0.61.
  • For the third quarter, revenues increased 2.6% year-over-year to $1.49 billion, which included core revenue growth of 2.5%.
  • James A. Lico, President and Chief Executive Officer, stated, “Our results in the third quarter once again reflected the durability of our portfolio.

Bregal Unternehmerkapital Announces the Sale of EA Elektro-Automatik to Fortive Corporation for €1,585 Million

Retrieved on: 
Tuesday, October 24, 2023
Technology, Finance, Other Energy, Utilities, Other Technology, Professional Services, Alternative Energy, Energy, Consumer Electronics, Sale, FTV, Renewable energy, NYSE, BU, Carbon, Acquisition, Entrepreneurship, R, EA, Hydrogen, Enterprise value, Growth, Vehicle registration plates of Nepal, Fortive, Video game, DACH

Bregal Unternehmerkapital (“BU”), a leading investment firm in the DACH region and Northern Italy, today announced the sale of EA Elektro-Automatik Holding GmbH (“EA” or the “Company”), a leading provider of electronic test and measurement devices, to US-based Fortive Corporation (“Fortive”) (NYSE: FTV) for an Enterprise Value of €1,585 Million.

Key Points: 
  • Bregal Unternehmerkapital (“BU”), a leading investment firm in the DACH region and Northern Italy, today announced the sale of EA Elektro-Automatik Holding GmbH (“EA” or the “Company”), a leading provider of electronic test and measurement devices, to US-based Fortive Corporation (“Fortive”) (NYSE: FTV) for an Enterprise Value of €1,585 Million.
  • The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in early first quarter of 2024.
  • Founded in 1974 and headquartered in Viersen, Germany, EA develops and manufactures programmable power supplies, electronic loads, and bidirectional power supplies used to test electronic components across various industrial and R&D applications.
  • As part of a succession plan, BU acquired the Company in 2019 through its second fund, BU II from the Company’s founders.

Fortive to Acquire EA Elektro-Automatik, an Industry-leading Provider of Electronic Test & Measurement Solutions

Retrieved on: 
Monday, October 23, 2023
Engineering, Other Energy, Manufacturing, Alternative Energy, Energy, Machinery, EA, Hydrogen, FTV, Acquisition, NYSE, J.P. Morgan & Co., Fortive

Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that it has entered into a definitive agreement to acquire EA Elektro-Automatik Holding GmbH (EA), a leading supplier of high-power electronic test solutions for energy storage, mobility, hydrogen, and renewable energy applications, for $1.45 billion in cash, net of $215 million of tax benefits from Bregal Unternehmerkapital.

Key Points: 
  • Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that it has entered into a definitive agreement to acquire EA Elektro-Automatik Holding GmbH (EA), a leading supplier of high-power electronic test solutions for energy storage, mobility, hydrogen, and renewable energy applications, for $1.45 billion in cash, net of $215 million of tax benefits from Bregal Unternehmerkapital.
  • The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in early first quarter of 2024.
  • James A. Lico, President and Chief Executive Officer of Fortive, said, “We are pleased to announce our agreement to acquire EA Elektro-Automatik to enhance our leading position in electronic test and measurement, helping to enable the global energy transition.
  • Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC served as financial advisors and Freshfields Bruckhaus Deringer served as legal counsel to Fortive.

Advanced Sterilization Products Announces Expansion of Sterilization Monitoring Portfolio

Retrieved on: 
Thursday, October 19, 2023
Health, Medical Devices, Health Technology, Other Health, General Health, Pharmaceutical, Biotechnology, FTV, NYSE, Steam, ASP, Women Deliver, Local development framework, PH, CSSD, SM, Hospital, Workflow, Patient, Sterilization, Medical device, Fortive

Advanced Sterilization Products (ASP), a global leader in infection prevention and Fortive (NYSE: FTV) company, announced today an important expansion in its Sterilization Monitoring (SM) portfolio with new Steam Monitoring products that will help Sterile Processing Departments (SPDs) ensure sterility with greater efficiency and confidence in results.

Key Points: 
  • Advanced Sterilization Products (ASP), a global leader in infection prevention and Fortive (NYSE: FTV) company, announced today an important expansion in its Sterilization Monitoring (SM) portfolio with new Steam Monitoring products that will help Sterile Processing Departments (SPDs) ensure sterility with greater efficiency and confidence in results.
  • ASP’s new Sterilization Monitoring portfolio helps customers improve workflow through integrated solutions in Sterile Processing Departments / Central Sterilization Supply Departments (CSSDs).
  • BIOTRACE™ Biological Indicator – Offers a streamlined, integrated workflow through a new SM traceability solution for efficiently monitoring steam sterilization processes.
  • “We are excited about the expansion of our sterilization monitoring portfolio and the benefits it brings to our global customer base.

Fortive Schedules Third Quarter 2023 Earnings Conference Call

Retrieved on: 
Friday, September 29, 2023
Apps, Applications, Technology, Mobile, Wireless, Finance, Professional Services, Software, Networks, Internet, Data Management, Fortive, Webcast, FTV, NYSE, Video game

Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the third quarter 2023 on Wednesday, October 25, 2023 beginning at 12:00 p.m.

Key Points: 
  • Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the third quarter 2023 on Wednesday, October 25, 2023 beginning at 12:00 p.m.
  • ET and notifying the operator that you are dialing in for Fortive’s earnings conference call (access code 6922572).
  • A digital recording of the conference call will be available two hours after the conclusion of the call until Wednesday, November 8, 2023.
  • This quiet period will be in place until fiscal third quarter 2023 earnings are released on October 25, 2023.