FLIR Systems Buys Traficon Int'l
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.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.