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FLIR Systems Buys Traficon Int'l

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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

 

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