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Tag Archives: Andy Teich

FLIR Systems Purchases Norway-Based UAS Maker Prox Dynamics for $134M

FLIR Systems (Nasdaq: FLIR) has acquired Oslo, Norway-based unmanned aerial systems manufacturer Prox Dynamics for approximately $134 million to create a new UAS business within the buyer’s surveillance segment. FLIR said Wednesday it also intends to expand its airborne sensor product line with the addition of Prox Dynamics. “The team at Prox Dynamics operates with …

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FLIR Systems Closes $259M Point Grey Research Buy in Machine Vision Market Push

FLIR Systems (Nasdaq: FLIR) has completed its purchase of Point Grey Research for $259 million cash in a strategy to expand the former’s footprint in intelligent imaging and machine vision markets. The newly acquired company will operate as Integrated Imaging Solutions business under FLIR’s original equipment manufacturer and emerging markets segment, FLIR Systems …

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FLIR Systems Buys Night Vision Tools Provider Armasight for $41M; Andy Teich Comments

FLIR Systems (Nasdaq: FLIR) has purchased San Francisco-based night vision and thermal imaging equipment supplier Armasight through a cash transaction valued at approximately $41 million. Andy Teich, president and CEO of FLIR, said in a statement released Tuesday the acquisition aims to expand the company’s portfolio of thermal weapon sights and scopes in support of …

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Andy Teich: FLIR Systems Eyes Security Tech Portfolio Growth Through $92M DVTEL Buy

FLIR Systems (Nasdaq: FLIR) has bought New Jersey-based video surveillance hardware and software maker DVTEL for about $92 million cash in a push to expand security product offerings. Andy Teich, FLIR president and CEO, said in a statement released Monday the acquisition complements FLIR’s strategy to deliver end-to-end technology platforms in …

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