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FLIR Systems Buys Traficon Int'l

Related FLIR
Benzinga's Top Upgrades, Downgrades For February 23, 2017
Earnings Scheduled For February 14, 2017

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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