Fortive Corporation is a diversified industrial technology company that provides essential products, software and services for connected workflows. Spun off from Danaher Corporation in 2016 and headquartered in Everett, Washington, it is led by Chief Executive Officer Olumide Soroye and operates two segments: Intelligent Operating Solutions and Advanced Healthcare Solutions. In June 2025 the company completed the tax-free spin-off of its Precision Technologies segment as Ralliant Corporation, sharpening its focus on higher-margin software and healthcare workflow markets, with revenue from continuing operations of $4.16 billion in fiscal 2025.