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Tag Archives: FLIR Systems

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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FLIR Makes Financial Move

FLIR Systems’ (NASDAQ: FLIR) board of directors announced a new dividend policy under which FLIR intends to pay a quarterly cash dividend of 6 cents per share on its common stock. According to the firm, “the first dividend of 6 cents per share of outstanding common stock, representing a planned …

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FLIR Releases Financial Stats

FLIR Systems (NASDAQ: FLIR) made the following results regarding financial results for the third quarter ended Sept. 30, 2010: “Revenue was $332.5 million, up 16 percent compared to third quarter 2009 revenue of $285.6 million. Operating income in the third quarter was $85.8 million, compared to $89.3 million in the …

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FLIR Systems to Purchase ICx

ICx Technologies (Nasdaq GM:ICXT) is set to be acquired by FLIR Systems (Nasdaq:FLIR) via a cash tender offer, followed by a merger with a subsidiary of FLIR, for a price of $7.55 per share in cash. According to the firm, “ICx’s Board of Directors has unanimously approved the merger agreement …

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