Roper Technologies Inc ROP

Roper Technologies, Inc., incorporated on December 17, 1981, is a technology company. The Company operates businesses that design and develop software and engineered products and solutions for various end markets, including healthcare, transportation, commercial construction, food, energy, water, education and academic research. The Company operates in four segments: Medical Imaging, RF Technology, Industrial Technology and Energy Systems & Controls.

Medical Imaging

The Medical Imaging segment offers products and software in medical applications, and digital imaging products. These products and solutions were provided through 11 reporting units. It provides Medical Products and Software, and Digital Imaging Products and Software. It provides diagnostic and laboratory software solutions to healthcare providers, and services and technologies. It also manufactures and sells patient positioning devices and related software for use in radiation oncology, three dimensional (3D) measurement technology in computer-assisted surgery and supply diagnostic and therapeutic disposable products used in ultrasound imaging for minimally invasive medical procedures. It designs and manufactures a non-invasive instrument for portable ultrasound bladder volume measurement and a video laryngoscope designed to enable intubation. It also provides a cloud-based financial analytics and performance software platform to healthcare providers.

The Company manufactures and sells electron filters, charged couple device (CCD) and metal oxide semiconductor (CMOS) cameras, detectors and related software for various scientific and industrial uses, which require high resolution and/or high speed digital video, including electron microscopy and spectroscopy applications. It sells these products for use within academic, government research, semiconductor, security and other end user markets, such as biological and material science. They are incorporated into products by original equipment manufacturers (OEMs).

RF Technology

The RF Technology segment provides radio frequency identification (RFID) communication technology and software solutions that are used in toll and traffic systems, security and access control, campus card systems, card readers, software-as-a-service in the freight matching, commercial construction and food industries, comprehensive application management software for legal and construction firms and metering and remote monitoring applications. These products and solutions were provided through 10 reporting units, as of December 31, 2016.

The Company manufactures and sells toll tags and monitoring systems, as well as provides transaction and violation processing services for toll and traffic systems to both governmental and private sector entities. In addition, it provides intelligent traffic systems that assist customers in managing traffic flow and infrastructure utilization. It provides card systems and integrated security solutions to education and healthcare markets. It also provides an integrated nutrition management solution used by food service customers. It designs, develops and manufactures RFID card readers that support smart cards around the world. The readers are used in various applications and OEM solutions, including attendance management, multi-function printers, mobile, physical access, manufacturing, dispensing, kiosks, point-of-sale and computer logon.

The Company maintains electronic marketplaces that connect available capacity of trucking units with the available loads of freight to be moved from location to location throughout North America; food suppliers, distributors and vendors, in the perishable food sector, and construction industry professionals. It provides enterprise software and information solutions for government contractors, professional services firms and other project-based businesses; management software solutions for law and other professional services firms, including business development, calendar/docket matter management, time and billing and case management, and construction project management solutions for construction firms that encompass the end-to-end construction process. It manufactures and sells meter reading, data logging and pressure control products for use in water and gas applications. It also provides network monitoring, leakage reduction and pressure control services in water and gas distribution networks.

Industrial Technology

The Industrial Technology segment produces fluid handling pumps, materials analysis equipment and consumables, leak testing equipment, flow measurement and metering equipment and water meter and automatic meter reading (AMR) products and systems. These products and solutions were provided through six reporting units, as of December 31, 2016. It provides Fluid Handling Pumps, Materials Analysis Equipment and Consumables, and Water Meter and AMR Products and Systems. It manufactures and sells various pumps. These pumps vary in complexity and in pumping method employed, which allows for the movement and application of a range of low and high viscosity liquids, high solids content slurries and chemicals. These pumps are used in end markets, such as oil and gas, agricultural, water and wastewater, chemical and general industrial. The Company manufactures and sells equipment and supply consumables necessary to prepare material samples for testing and analysis. These products are used within the material science, steel, automotive, electronics, mining and research end user markets. It manufactures and distributes water meter products serving the residential, commercial and industrial water management markets, and several lines of automatic meter reading products and systems serving these markets.

Energy Systems & Controls

The Energy Systems & Controls segment principally produces control systems, fluid properties testing equipment, industrial valves and controls, vibration sensors and controls and non-destructive inspection and measurement products and solutions. These products and solutions were provided through six reporting units, as of December 31, 2016. The Company provides Control Systems, Fluid Properties Testing Equipment, Sensors, Controls and Valves, and Non-destructive Inspection and Measurement Instrumentation. It manufactures control systems and provides related engineering and commissioning services for turbo-machinery applications, principally in energy markets. It manufactures and sells test equipment to determine physical and elemental properties, such as sulfur and nitrogen content, flash point, viscosity, freeze point and distillation range of liquids and gases for the petroleum industry.

The Company manufactures sensors and control equipment, including pressure sensors, temperature sensors, measurement instruments and control software for global rubber, plastics and process industries. It also manufactures and distributes valves, sensors, switches and control products used on engines, compressors, turbines and other powered equipment for the oil and gas, pipeline, power generation, marine engine and general industrial markets. It manufactures non-destructive inspection and measurement solutions, including measurement probes, robotics, vibration sensors, switches and transmitters. These solutions are applied principally in nuclear energy markets.