“The emergence of Roper Technologies highlights our evolution over several years,” said Brian Jellison, chairman, president and CEO of Roper Technologies Inc. “Our strategy remains consistent: niche-focused, asset-light business with leading-edge technologies led by terrific operating leaders that create significant free cash flow to enable further investments for growth. The consistent execution of this strategy has transformed our company into a technology leader across many high-value end markets.”
Since the beginning of 2010, Roper has deployed more than US$4 billion to acquire technology-focused businesses, including medical software, information networks, medical products and SaaS-based trading solutions.
Roper's Industrial Technology segment includes Abel, Cornell and Roper pumps.
The company’s New York Stock Exchange-listed shares are expected to begin trading under the new name on 29 April 2015. The stock ticker symbol will remain “ROP”.
The company’s website is now located at www.ropertech.com