M&A Deal Summary

FLIR Systems Acquires DigitalOptics - Micro-Optics Assets

On August 12, 2013, FLIR Systems acquired technology hardware company DigitalOptics - Micro-Optics Assets from DigitalOptics for 15M USD

Acquisition Highlights
  • This is FLIR Systems’ 4th transaction in the Technology Hardware sector.
  • This is FLIR Systems’ 18th largest (disclosed) transaction.
  • This is FLIR Systems’ 10th transaction in the United States.
  • This is FLIR Systems’ 2nd transaction in North Carolina.

M&A Deal Summary

Date 2013-08-12
Target DigitalOptics - Micro-Optics Assets
Sector Technology Hardware
Buyer(s) FLIR Systems
Sellers(s) DigitalOptics
Deal Type Divestiture
Deal Value 15M USD

Target

DigitalOptics - Micro-Optics Assets

Charlotte, North Carolina, United States
DigitalOptics - Micro-Optics Assets is a fabricator of wafer-scale specialty optics products, including lenses, lens arrays, optical receivers and transceivers, and various infrared optical components. These high volume, low cost optics technologies are used in a wide array of industries and applications, including security, surveillance, photolithography, data communications, laser-based medical equipment, and 3D gesture recognition.

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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 17 of 26
Sector (Technology Hardware) 4 of 9
Type (Divestiture) 4 of 5
State (North Carolina) 2 of 2
Country (United States) 10 of 16
Year (2013) 3 of 3
Size (of disclosed) 18 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-12 Tessera s - Micro-Optics Business

Charlotte, North Carolina, United States

Tessera's - Micro-Optics Business is a developer of optical zoom and digital auto-focus solutions for camera.

Buy $15M
FOLLOWING 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

Seller(S) 1

SELLER

DigitalOptics

San Jose, California, United States

Category Company
Sector Electronics
DESCRIPTION

DigitalOptics Corporation (DOC) is a San Jose, California-based technology company that designs and manufactures imaging systems for smartphones.


DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1