FORTIVE

[anonymous]

ASP will be transitioning to Fortive very soon. . . any thoughts or insights?

 

[anonymous]

Great question.

 

[anonymous]

ASP will be transitioning to Fortive very soon. . . any thoughts or insights?

My take away is if your work on instruments you are in trouble or if you work in CSS in general (minus Biosense Webster). I think its pretty obvious JnJ does not care about Acclarent, Mentor, or instrument portfolios based off of recent moves. (Synthes/Ethicon selling mfg to Jabil and DePuy Power Tools getting its own president). Typically when you have your own president and are being run separate of MDD your getting shit canned.

 

[anonymous]

My take away is if your work on instruments you are in trouble or if you work in CSS in general (minus Biosense Webster). I think its pretty obvious JnJ does not care about Acclarent, Mentor, or instrument portfolios based off of recent moves. (Synthes/Ethicon selling mfg to Jabil and DePuy Power Tools getting its own president). Typically when you have your own president and are being run separate of MDD your getting shit canned.

They've been trying to sell power tools for a few years.

 

[anonymous]

My take away is if your work on instruments you are in trouble or if you work in CSS in general (minus Biosense Webster). I think its pretty obvious JnJ does not care about Acclarent, Mentor, or instrument portfolios based off of recent moves. (Synthes/Ethicon selling mfg to Jabil and DePuy Power Tools getting its own president). Typically when you have your own president and are being run separate of MDD your getting shit canned.

 

[anonymous]

I think the originator of the thread meant FORTIS.

 

[anonymous]

I think the originator of the thread meant FORTIS.

No dumba$$, it's Fortive.

Fortive is known for extremely lean operations. They are going to cut a lot of fat & bloated overhead once they take control of ASP next year.

 

[anonymous]

No dumba$$, it's Fortive.

Fortive is known for extremely lean operations. They are going to cut a lot of fat & bloated overhead once they take control of ASP next year.

They won’t have any trouble finding fat....

 

[anonymous]

What I find very interesting about the Fortive acquisition of ASP is that Shlomi came in and sold the company to people who have a similar personal background and heritage. Check out Shlomi's bio and check out the bios of the brothers who started Fortive. Wonder if everything was above board. ASP was a textbook example of plundering a company that was making money so it could be sold off for a song.

 

[anonymous]

What I find very interesting about the Fortive acquisition of ASP is that Shlomi came in and sold the company to people who have a similar personal background and heritage. Check out Shlomi's bio and check out the bios of the brothers who started Fortive. Wonder if everything was above board. ASP was a textbook example of plundering a company that was making money so it could be sold off for a song.

Shlomi sells everything to fund his child Biosense. He sold Cordis, Codman, & ASP to raise billions to pour into Biosense. Now he's going to sell Acclarent & Mentor next, then he will sell Vision Care.

 

[anonymous]

buying all those companies (except Vistakon) was a big mistake anyway but Schlomo thinks easier to sell than fix

 

[anonymous]

cat

 

[anonymous]

prepare for a mass exodus...

 

[anonymous]

nothing happened

 

[anonymous]

Vision Care is performing phenomenally. No chance it is getting sold off.

 

[anonymous]

Just wait for 1 bad year of sales with sub-par growth below 4%, McKinsey will be on the phone on a daily basis with Goldman Sachs and BofA to dump the business.

 

[anonymous]

Has Fortive figured out they bought a lemon yet?

 

[anonymous]

heads are rolling.. more changes to come soon

 

[anonymous]

heads rolling is questionable.

 

[anonymous]

just wait until next quarter