M&A Deal Summary

FLIR Systems Acquires AGEMA Infrared Systems

On December 2, 1997, FLIR Systems acquired electronics company AGEMA Infrared Systems from Spectra Physics AB for 80M USD

Acquisition Highlights
  • This is FLIR Systems’ 1st transaction in the Electronics sector.
  • This is FLIR Systems’ 9th largest (disclosed) transaction.
  • This is FLIR Systems’ 1st transaction in Sweden.

M&A Deal Summary

Date 1997-12-02
Target AGEMA Infrared Systems
Sector Electronics
Buyer(s) FLIR Systems
Sellers(s) Spectra Physics AB
Deal Type Divestiture
Deal Value 80M USD

Target

AGEMA Infrared Systems

Stockholm, Sweden
AGEMA is a FLIR Systems company that specializes in advanced infrared thermal imaging and measurement products for industrial applications and selected applications for the government market.

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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 2 of 26
Sector: Electronics M&A 1 of 6
Type: Divestiture M&A Deals 1 of 5
Country: Sweden M&A 1 of 1
Year: 1997 M&A 1 of 1
Size (of disclosed) 9 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-09-02 Inframetrics

North Billerica, Massachusetts, United States

Inframetrics, Inc. is a manufacturer of Thermography systems and thermal imagers.

Buy $30M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-10-21 Indigo Systems

Goleta, California, United States

Indigo Systems Corp. is a premier developer and supplier of advanced infrared cameras and components, covering the entire infrared spectrum including near-, midwave-, and longwave-IR.

Buy $190M

Seller(S) 1

SELLER

Spectra Physics AB

Stockholm, Sweden

Category Company
Sector Electronics
DESCRIPTION

Spectra Physics AB manufactures laser-based instrumentation systems.


DEAL STATS #
Overall 1 of 1
Sector: Electronics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 1997 M&A 1 of 1
Size (of disclosed) 1 of 1