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Danaher buying VNI for $75 million

ROCKVILLE, Md., Dec. 2 (UPI) -- Danaher Corp. said Friday it is paying about $75 million to buy Maryland-based Visual Networks Inc.

The purchase by Danaher's Fluke Electronics Corp. represents a 25 percent premium to VNI's closing share price Thursday.

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VNI holds proprietary expertise in Voice over Internet Protocol technologies.

Both parties expect to close on their definitive agreement year next year.

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