EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the third quarter 2022 on Wednesday, October 26, 2022 beginning at 12:00 p.m. ET and lasting approximately 1 hour. The call and an accompanying slide presentation will be webcast on the "Investors" section of Fortive’s website, www.fortive.com, under "Events/Presentations." A replay of the webcast will be available at the same location shortly after
Fortive Corporation found using ticker (FTV) now have 17 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 85 and 60 with the average target price sitting at 73.24. Now with the previous closing price of 59.21 this now indicates there is a potential upside of 23.7%. The 50 day MA is 63.68 and the 200 day MA is 63.17. The company has a market cap of $20,851m. Find out more information at: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $25,792m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
Fortive Corporation with ticker code (FTV) have now 17 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 85 and 60 calculating the mean target price we have 73.24. With the stocks previous close at 63.91 this indicates there is a potential upside of 14.6%. The 50 day MA is 63.18 and the 200 day moving average is 63.46. The market capitalisation for the company is $22,505m. Find out more information at: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $25,790m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
Software platform Datamaran said on Tuesday it had closed a 11.7 million pounds ($13.3 million) financing led by Fortive amid growing demand from companies and financial institutions to assess environmental, social and governance (ESG) risks. Led by industrial products maker Fortive and with the participation of American Electric Power (AEP), the Series B funding round […]
Major players in the food automation market are ABB Ltd, GEA Group, Mitsubishi Electric Corporation, Rexnord Corporation, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, Yaskawa Electric Corporation, Yokogawa Electric Corporation, Fortive Corporation, Emerson Electric Co, Falcon Autotech Pvt Ltd, Fanuc Corporation, Neologic Engineers Private Limited and JLS Automation. Major players in the food automation market are ABB Ltd, GEA Group, Mitsubishi Electric Corporation, Rexnord Corporation, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, Yaskawa Electric Corporation, Yokogawa Electric Corporation, Fortive Corporation, Emerson Electric Co, Falcon Autotech Pvt Ltd, Fanuc Corporation, Neologic Engineers Private Limited and JLS Automation.
Fortive''s recurring revenue business model and diversification is paying off. Click to see potential headwinds and tailwinds for FTV and my valuation concerns.
Fortive Corporation with ticker code (FTV) have now 17 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 90 and 60 with a mean TP of 74.29. With the stocks previous close at 62.57 this indicates there is a potential upside of 18.7%. There is a 50 day moving average of 61.31 while the 200 day moving average is 64.06. The market cap for the company is $22,434m. Visit the company website at: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $26,636m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, Intelligent Operating Solutions, Olumide Soroye, will be presenting at the Evercore ISI Technology Conference on Wednesday, September 7th, 2022 at 8:45 a.m. ET. The audio will be simultaneously webcast and will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a provider of essential technologies for connected workflow solutions across a range of attrac
Fortive Corporation with ticker code (FTV) now have 17 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 90 and 60 calculating the mean target price we have 74.29. With the stocks previous close at 64.14 this would imply there is a potential upside of 15.8%. The 50 day MA is 60.66 while the 200 day moving average is 64.37. The market capitalisation for the company is $22,629m. You can visit the company''s website by visiting: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $26,210m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
Monday marks the last chance for investors to receive the next dividend payout from Fortive (NYSE: FTV ). What''s Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 7 per share. On Tuesday, Fortive will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the … Full story available on Benzinga.com
Fortive Corporation with ticker code (FTV) have now 17 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 90 and 60 calculating the mean target price we have 74.29. Given that the stocks previous close was at 65.67 this is indicating there is a potential upside of 13.1%. The day 50 moving average is 59.69 and the 200 day MA is 64.7. The market cap for the company is $23,401m. Visit the company website at: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $26,473m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.07 per share of its common stock, par value $0.01 per share, payable on September 30, 2022 to common stockholders of record on August 31, 2022. Although Fortive expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates and the payment dates for any such future
Fortive Corporation with ticker code (FTV) now have 17 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 90 and 60 calculating the average target price we see 73.88. Now with the previous closing price of 68.49 this would indicate that there is a potential upside of 7.9%. There is a 50 day moving average of 59.18 and the 200 day moving average is 64.95. The market cap for the company is $24,422m. You can visit the company''s website by visiting: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $26,344m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
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https://www.investing.com/news/pro/fortive-pt-raised-to-75-at-argus-432SI-2870273
Fortive Corporation with ticker code (FTV) have now 17 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 90 and 60 and has a mean target at 73.29. Given that the stocks previous close was at 65.46 this is indicating there is a potential upside of 12.0%. There is a 50 day moving average of 58.61 and the 200 day moving average is 65.11. The market cap for the company is $23,099m. Company Website: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $25,862m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
According to Benzinga Pro, during Q2, Fortive (NYSE: FTV ) earned $173.00 million, a 4.78% increase from the preceding quarter. Fortive also posted a total of $1.46 billion in sales, a 6.25% increase since Q1. Fortive earned $165.10 million, and sales totaled $1.38 billion in Q1. What Is Return On Capital Employed? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE … Full story available on Benzinga.com
Fortive Corporation with ticker code (FTV) now have 17 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 90 and 60 calculating the average target price we see 73.29. Given that the stocks previous close was at 64.43 this would imply there is a potential upside of 13.8%. There is a 50 day moving average of 57.99 and the 200 day MA is 65.32. The company has a market cap of $22,825m. Find out more information at: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $25,964m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
Shell Asset Management Co. trimmed its stake in shares of Fortive Co. by 5.0% in the first quarter, according to the company in its most recent 13F filing with the Securities…
Patrick K Murphy , CEO at Fortive (NYSE: FTV ), reported a large insider sell on August 1, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Murphy sold 1,601 shares of Fortive . The total transaction amounted to $103,184. Fortive shares are trading down 0.29% at $64.24 at the time of this writing on Tuesday morning. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. The Importance of Insider Transactions Insider transactions shouldn''t be used primarily to make an … Full story available on Benzinga.com
Fortive Corp (NYSE:NYSE:FTV) Q2 2022 Earnings Conference Call July 28, 2022, 12:00 ET Company Participants Elena Rosman - VP, IR James Lico - President, CEO & Director Charles…
Fortive Corp (NYSE: FTV ) reported second-quarter sales growth of 10.9% year-over-year to $1.46 billion and core sales +9%, beating the consensus of $1.40 billion. Adjusted EPS improved to $0.78 from $0.66 in 2Q21, beating the consensus of $0.72. The company saw continued robust orders and software annual recurring revenue growth, reflecting its solid positions in critical industrial workflow solutions and diversified product portfolio. Sales by segments: Intelligent Operating … Full story available on Benzinga.com
WASHINGTON (dpa-AFX) - Fortive Corporation (FTV) released earnings for second quarter that beat the Street estimates.The company''s bottom line came in at $173.0M, or $0.48 per share. This compares…
Fortive press release (FTV): Q2 Non-GAAP EPS of $0.78 beats by $0.06.Revenue of $1.46B (+10.6% Y/Y) beats by $50M.Outlook:For the third quarter of 2022, Fortive anticipates revenue…
Fortive Corporation with ticker code (FTV) now have 17 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 90 and 57 with a mean TP of 71.71. With the stocks previous close at 58.31 this indicates there is a potential upside of 23.0%. There is a 50 day moving average of 57.54 and the 200 day MA is 65.52. The company has a market cap of $20,869m. Find out more information at: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $25,665m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
Fortive Corporation found using ticker (FTV) have now 17 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 90 and 57 with a mean TP of 71.71. Given that the stocks previous close was at 54.27 this indicates there is a potential upside of 32.1%. There is a 50 day moving average of 57.59 while the 200 day moving average is 65.84. The market cap for the company is $20,288m. Find out more information at: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $26,808m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the second quarter 2022 on Thursday,
Fortive has been hit hard in recent months, plunging as the market has tanked. This comes even as fundamental performance achieved by FTV remains strong.
Fortive Corporation found using ticker (FTV) now have 18 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 95 and 62 calculating the mean target price we have 76.72. With the stocks previous close at 53.56 this now indicates there is a potential upside of 43.2%. The day 50 moving average is 59.06 and the 200 day moving average is 67.6. The market capitalisation for the company is $19,381m. Find out more information at: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $27,762m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
Fortive Corp (FTV) shares closed today at 0.7% above its 52 week low of $53.20, giving the company a market cap of $19B. The stock is currently down 29.4% year-to-date, down 23.1% over the past 12 months, and up 1.8% over the past five years. This week, the Dow Jones Industrial Average fell 7.2%, and the S&P 500 fell 8.7%. Trading Activity Trading volume this week was 35.7% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -7.9% The company's stock price performance over the past 12 months beats the peer average by -26.8% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -77.2% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced today that it has published its 2022 Sustainability (ESG) Report, highlighting the company’s positive impact and continued commitment to accelerating progress toward a sustainable future. “Our commitment to sustainability has been a priority since Day One. We’re striving for a future that’s stronger, safer, and smarter for our customers, employees, suppliers, and communities,” said James A. Lico, President an
Fortive Corporation with ticker code (FTV) have now 18 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 95 and 62 and has a mean target at 76.72. With the stocks previous close at 57.08 this indicates there is a potential upside of 34.4%. The 50 day moving average now sits at 59.5 and the 200 day moving average is 68. The company has a market capitalisation of $20,831m. Company Website: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $27,998m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
The following slide deck was published by Fortive Corporation in conjunction with this event.
The following slide deck was published by Fortive Corporation in conjunction with this event.
Fortive Corporation found using ticker (FTV) now have 18 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 95 and 62 with a mean TP of 77.44. Now with the previous closing price of 58.67 this is indicating there is a potential upside of 32.0%. There is a 50 day moving average of 59.52 and the 200 day moving average is 68.93. The company has a market capitalisation of $21,138m. Find out more information at: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $27,900m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
Dublin, May 25, 2022 (GLOBE NEWSWIRE) -- The "Sterilization Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com''s offering. The global sterilization services market reached a value of US$ 3.36 billion in 2021. Looking forward, the market is projected to reach a value of US$ 4.86 billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor. Sterilization refers to the process of eliminating and reducing all forms of microorganisms present in the environment. It consists of various procedures, including heat, chemicals, irradiation, high pressure and filtration that kill spores, microbes, and viruses. Gamma, electron beam radiation and ethylene oxide (ETO) are some of the commonly used sterilization methods.
Das Instrument F03 US34959J1088 FORTIVE CORP. DL-,01 EQUITY wird cum Dividende/Zinsen gehandelt am 25.05.2022 und ex Dividende/Zinsen am 26.05.2022 The instrument F03 US34959J1088 FORTIVE CORP. DL-,01 EQUITY has its pre-dividend/interest day on 25.05.2022 and its ex-dividend/interest day 02. [ mehr ]
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Fortive Corporation with ticker code (FTV) have now 18 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 95 and 62 calculating the mean target price we have 77.72. With the stocks previous close at 58.12 this would imply there is a potential upside of 33.7%. There is a 50 day moving average of 59.36 and the 200 moving average now moves to 69.32. The market cap for the company is $21,364m. Find out more information at: https://www.fortive.com [stock_market_widget type="chart" template="basic" color="green" assets="FTV" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $28,568m based on the market concensus. Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.
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Fortive announces its decision to buy privately held ServiceChannel, New York City for $1.2 billion. Service channel makes cloud software for facilities management, and Fortive reported that they wanted to broaden their software-enabled solutions for the facility, construction cost accounting, and Asset Lifecycle workflow. ServiceChannel is expected to have $125 million in revenue this year, [] The post Fortive to Buy Facilities Management Cloud Software Maker appeared first on EnterpriseTalk .
Tiernan Ray / ZDNet : Industrial technology conglomerate Fortive has agreed to acquire ServiceChannel, which makes cloud software for facilities management, for $1.2B in cash Deal adds to Fortive''s software for facilities management and construction cost accounting. Fortive, the Everett
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EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced today that it has entered into a definitive agreement with Bayard Capital and Accel Partners to acquire ServiceChannel, a leading global provider of SaaS-based multi-site facilities maintenance service solutions with an integrated service-provider network. The acquisition will be subject to customary closing conditions, including regulatory approvals, and will be financed primarily with available cash. Fortiv
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