FLIR Systems (FLIR) Acquires Salvador Imaging for $13 Million; Deal Accretive After 2009
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FLIR Systems, Inc. (NASDAQ: FLIR) has acquired the stock of Salvador Imaging, Inc., a provider of high-performance visible and low light imaging systems, for $13 million cash.
Upon closing, Salvador Imaging has been re-named FLIR Advanced Imaging Systems, Inc. and will operate as a separate business unit within FLIR's Commercial Vision Systems division. FLIR anticipates this transaction will be neutral to 2009 net earnings and accretive thereafter. [SM]
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Flir
Bosco on Jun 12, 2009 09:16 AMThis is very Good. Thanks.