FLIR Systems acquires Innovative Security Design
WILSONVILLE, Ore.—FLIR Systems on June 3 acquired video surveillance provider Innovative Security Designs from Digital Watchdog.
FLIR said the deal “adds technology and expertise to develop mid to high-end visible cameras.”
Terms of the deal were not announced. Digital Watchdog had purchased ISD in 2014.
Known in the security world for its thermal cameras, FLIR is a $4 billion enterprise that makes visible-light imaging systems, locater systems, measurement and diagnostic systems and threat-detection solutions. It acquired DVTEL for $92 million in December 2015.
FLIR said ISD will enhance its “existing security product lineup and offer a rich new set of intelligent systems that deliver edge-based video processing and recording, providing better value for its customers.”
ISD has changed its name to FLIR. It will continue to be based here in Irvine. All ISD employees are joining FLIR including ISD founder Ian Johnston who will head up FLIR’s advanced platform group as VP of Engineering.
FLIR said it will continue to support existing ISD products.