M&A Deal Summary

FLIR Systems Acquires Salvador Imaging

On June 11, 2009, FLIR Systems acquired technology hardware company Salvador Imaging for 13M USD

Acquisition Highlights
  • This is FLIR Systems’ 2nd transaction in the Technology Hardware sector.
  • This is FLIR Systems’ 19th largest (disclosed) transaction.
  • This is FLIR Systems’ 5th transaction in the United States.
  • This is FLIR Systems’ 1st transaction in Colorado.

M&A Deal Summary

Date 2009-06-11
Target Salvador Imaging
Sector Technology Hardware
Buyer(s) FLIR Systems
Deal Type Add-on Acquisition
Deal Value 13M USD

Target

Salvador Imaging

Colorado Springs, Colorado, United States
Salvador Imaging, Inc. is a provider of high-performance visible and low light imaging systems. Salvador's 12 and 14-bit modular camera designs utilize charge-coupled device (CCD) and electron-multiplying charge-coupled device (EMCCD) sensors, at speeds in excess of 100 million frames per second. In addition to operating at high speeds and with low light, these EMCCD cameras provide color and monochrome images.

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Buyer(S) 1

Buyer

FLIR Systems

Wilsonville, Oregon, United States

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 8 of 26
Sector: Technology Hardware M&A 2 of 9
Type: Add-on Acquisition M&A Deals 6 of 18
State: Colorado M&A 1 of 2
Country: United States M&A 5 of 16
Year: 2009 M&A 1 of 2
Size (of disclosed) 19 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-08 Ifara Tecnologias S.L.

Alcobendas, Spain

Ifara Tecnologias, S.L. is a provider of middleware and client application software used to create sensor networks. Ifara develops software technology, hardware, and developer tools used for the creation and maintenance of sensor networks for applications such as security and surveillance, force protection, reconnaissance, and maritime. Ifara's middleware sensor platform, known as Nexus, is a turnkey solution based on an open, modular and flexible architecture. Nexus offers connectivity and integrated control of a variety of different sensors, including thermal and CCTV cameras, fence and ground sensors, alarm contacts, UAVs and radars. With Ifara's technology, FLIR will be able to provide its customers with the capability to easily and seamlessly integrate a wide variety of sensors as required for any given project.

Buy €7M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-28 Directed Perception

Burlingame, California, United States

Directed Perception, Inc., a provider of pan-tilt motion control systems for commercial and military markets. Directed Perception, based in Burlingame, California, has earned a world-wide reputation as a pioneer and leader in high-performance pan-tilts in security and surveillance, maritime, military, robotics, and scientific instruments markets.

Buy $20M