M&A Deal Summary

FLIR Systems Acquires Armasight

On June 28, 2016, FLIR Systems acquired defense company Armasight for 41M USD

Acquisition Highlights
  • This is FLIR Systems’ 1st transaction in the Defense sector.
  • This is FLIR Systems’ 12th largest (disclosed) transaction.
  • This is FLIR Systems’ 12th transaction in the United States.
  • This is FLIR Systems’ 4th transaction in California.

M&A Deal Summary
Date 2016-06-28
Target Armasight
Sector Defense
Buyer(s) FLIR Systems
Deal Type Add-on Acquisition
Deal Value 41M USD

Target

Armasight

San Francisco, California, United States
website
Armasight, Inc. is a provider of night vision, thermal, and daylight imaging products for hunters, outdoor enthusiasts, law enforcement, and military customers. Armasight develops and distributes a wide range of rifle scopes, spotting scopes, binoculars, goggles, and illuminating tools that improve safety and the enjoyment of the outdoors as well as enable military users to detect, recognize, and identify targets from extreme ranges at any time of day or night.

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Buyer(S) 1

Buyer

FLIR Systems

Wilsonville, Oregon, United States

website

Category Company
Founded 1978
Sector Electronics
Employees4,265
Revenue 1.9B USD (2019)
DESCRIPTION

FLIR Systems is a maker of sensor systems that enhance perception and heighten awareness. FLIR Systems leverages thermal imaging and adjacent technologies to provide innovative, intelligent solutions for security and surveillance, environmental and condition monitoring, outdoor recreation, machine vision, navigation, and advanced threat detection. FLIR Systems was formed in 1978 and is based in Wilsonville, Oregon.

DEAL STATS #
Overall 19 of 26
Sector (Defense) 1 of 1
Type (Add-on Acquisition) 13 of 18
State (California) 4 of 4
Country (United States) 12 of 16
Year (2016) 1 of 3
Size (of disclosed) 12 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-30 DVTel

Ridgefield Park, New Jersey, United States

DVTel, Inc. is a provider of enterprise-class security and surveillance solution. DVTel develops and distributes integrated video management system (VMS) software, advanced video analytics software, visible and thermal security cameras, and related servers and encoders.

Buy $92M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-04 Point Grey Research

Richmond, British Columbia, Canada

Point Grey Research, Inc. is a designer and manufacturer of high performance digital cameras for industrial, medical and life science, traffic, biometric, GIS, and people counting applications.

Buy $259M
Mergr

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