Market Overview

FLIR Systems Buys Traficon Int'l

Share:
Related FLIR
Benzinga's Top Upgrades, Downgrades For February 23, 2017
Earnings Scheduled For February 14, 2017
Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q4 2016 Update (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)

View Comments and Join the Discussion!