Fortive (NYSE:FTV) is a diversified industrial technology company formed in July 2016 as a spin-off from Danaher Corporation. Headquartered in Everett, Washington, Fortive delivers mission-critical solutions through a broad portfolio of professional instrumentation and industrial technologies. The company’s product offerings span precision measurement tools, sensing and monitoring systems, automated test equipment, and software-enabled services designed to enhance operational performance across a range of end markets.
Fortive operates through two primary segments: Intelligent Operating Solutions and Precision Technologies. The Intelligent Operating Solutions segment integrates software, data analytics, and automation to optimize manufacturing, healthcare, and service operations. The Precision Technologies segment focuses on laboratory instruments, test and measurement devices, and calibration equipment, catering to sectors such as electronics, aerospace, and life sciences. Signature brands under the Fortive umbrella include Fluke, Tektronix, Gilbarco Veeder-Root, and Industrial Scientific.
With a global footprint, Fortive serves customers in North America, Europe, Asia Pacific, Latin America, and the Middle East. Its end-market applications range from medical device sterilization monitoring and environmental safety to fuel dispensers, semiconductor equipment testing, and industrial flow measurement. The company emphasizes customer-driven innovation, leveraging digital platforms and subscription-based services to deliver real-time insights, uptime assurance, and predictive maintenance capabilities.
Under the leadership of President and CEO James A. Lico, Fortive has pursued a balanced strategy of organic growth and strategic acquisitions to expand its technology portfolio and geographic reach. The company maintains a disciplined operational framework aimed at driving continuous improvement, integrating new businesses, and fostering a decentralized culture that empowers its operating companies to deliver specialized solutions and responsive customer support.
