Skip to Content

FLIR makes $20M buy

FLIR makes $20M buy Expects to enhance offerings to commercial and military market

PORTLAND, Ore.—Thermal-imaging camera manufacturer FLIR Systems announced Dec. 28 that it paid $20 million cash for the stock of Directed Perception, a provider of pan-tilt motion control systems for commercial and military markets.

Directed Perception, based in Burlingame, Calif. makes high-performance pan-tilts in security and surveillance, maritime, military, robotics, and scientific instruments markets. The company expects to offer commercial and military customers lower cost, improved functionality and better ease-of-use as a result of the buy.

“The acquisition of Directed Perception expands FLIR's capabilities into a key enabling technology. Its technology can be integrated into many of our existing pan-tilt-zoom systems and has significant potential for future low-cost integrated solutions,” said Earl Lewis, president and CEO of FLIR, in a prepared statement. “We welcome Directed Perception's skilled and experienced team to FLIR.”

Directed Perception has been re-named FLIR Motion Control Systems; it will be part of FLIR's commercial systems division. FLIR expects the transaction will “be neutral to 2010 net earnings and accretive thereafter.”

Comments

To comment on this post, please log in to your account or set up an account now.