Market Overview

FLIR Systems Buys Traficon Int'l

Share:
Related FLIR
FLIR Systems Receives Production Order Totaling $19.5M From U.S. Customs and Border Protection to Support Mobile Surveillance Capabilities
UPDATE: Flir Systems Posts Upbeat Q4 Results
InsiderInsights.com Daily Round Up 7/30/15: Forum Energy Technologies, Woodward, Franklin Financial Services, NuStar GP Holdings (Seeking Alpha)

FLIR Systems, Inc. (NASDAQ: FLIR) announced today that it has acquired the stock of Traficon International NV, a leader in video detection technologies for traffic applications, for approximately $46 million in cash.

FLIR anticipates this transaction will be neutral to 2013 net earnings and accretive thereafter.

Posted-In: News M&A

 

Related Articles (FLIR)

Get Benzinga's Newsletters