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Danaher to Acquire Beckman Coulter, Inc.
Date:2/7/2011

the Board of Directors voted unanimously to accept Danaher's proposal.  We believe this transaction maximizes Beckman Coulter shareholder value while strengthening the company's position as a leader in biomedical testing to the benefit of our customers and their healthcare patients around the world. Our company's rich history, strong brand, broad product portfolio and long-standing customer relationships are major sources of value in the transaction, enabling us to leverage our global commercial infrastructure and installed base to expand opportunities in both mature and emerging markets around the world.  Longer term, we will have significant opportunities to leverage our relationships across our large installed base of automated systems in hospital laboratories with that of Danaher."  

Beckman Coulter would become part of Danaher's Life Sciences & Diagnostics segment, joining Danaher's Leica, AB Sciex, Radiometer and Molecular Devices businesses.  

Danaher's President and CEO, H. Lawrence Culp, Jr., said, "Beckman Coulter is an iconic company with a great brand, broad reach and technology leadership; well positioned in the markets it serves.  Beckman provides an excellent complement to our existing Life Sciences & Diagnostics businesses.  Being part of Danaher, Beckman associates will have the opportunity to leverage the power of the Danaher Business System, including the processes by which Danaher accelerates growth through new product innovation and driving sales, marketing and service, as well as its strength in continuously expanding margins."

AdvisorsGoldman, Sachs & Co. is acting as financial advisor to Beckman Coulter in connection with the transaction.  Latham & Watkins, LLP is serving as legal counsel to Beckman Coulter in connection with the transaction.  

Investor Webcast EventDanaher will host a conference call to discuss the transactions on February 7, 2011 at 8
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SOURCE Beckman Coulter, Inc.
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