M&A Deal Summary |
|
|---|---|
| Date | 2016-11-04 |
| Target | Point Grey Research |
| Sector | Technology Hardware |
| Buyer(s) | FLIR Systems |
| Deal Type | Add-on Acquisition |
| Deal Value | 259M USD |
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| Category | Company |
|---|---|
| Founded | 1978 |
| Sector | Electronics |
| Employees | 4,265 |
| Revenue | 1.9B USD (2019) |
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 | 20 of 26 |
| Sector (Technology Hardware) | 5 of 9 |
| Type (Add-on Acquisition) | 14 of 18 |
| State (British Columbia) | 1 of 1 |
| Country (Canada) | 3 of 4 |
| Year (2016) | 2 of 3 |
| Size (of disclosed) | 3 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-28 |
Armasight
San Francisco, California, United States 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. |
Buy | $41M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-30 |
Prox Dynamics AS
Hvalstad, Norway Prox Dynamics develops, manufactures, and distributes aerial sensors that are revolutionarily small, light, and covert surveillance systems. Prox Dynamics' Personal Reconnaissance System (PRS) features their Black Hornet aerial sensor and a hand controller, a system that is pocket sized and hand-launched by a soldier in the field, enabling a significant advantage in situational awareness and mission planning. The Black Hornet aerial sensor utilizes FLIR's Lepton micro thermal camera, visible spectrum cameras, advanced low-power rotor technology, and proprietary software for flight control, stabilization, and communications. The Black Hornet helicopter is one of the lightest, stealthiest, and safest drones in the market, offering a highly advanced, lifesaving surveillance solution for traditional military forces and special operations forces. Weighing less than one ounce, the Black Hornet helicopter can fly for up to 25 minutes at line-of-sight distances of up to one mile. |
Buy | $134M |
