Danaher to Buy Israel's AVT for $100 Million

Israel-based Advanced Vision Technology Ltd (AVTE.DE), which develops automatic print inspection systems, said on Monday it has agreed to be acquired by Danaher Corp's (DHR.N) product identification platform for $100 million.

Washington-based Danaher, a manufacturing company with s annual sales of $17 billion, will pay 14.5 euros per share in cash for AVT, whose shares were up 20 percent to 14 euros in Frankfurt.

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