Flir Buys Salvador Imaging

PORTLAND, Ore., June 12, 2009 -- Thermal imaging and stabilized camera systems maker Flir Systems Inc. announced it has acquired Salvador Imaging Inc., a provider of high-performance visible and low-light imaging systems, for $13 million in cash. Salvador has been renamed Flir Advanced Imaging Systems Inc. and will operate as a separate busniess unit within Flir's Commercial Vision Systems Div.

The acquisition of Salvador Imaging, based in Colorado Springs, Colo., will enhance and differentiate Flir's multisensor systems for military customers and expand its security and surveillance product offerings to commercial customers, the company said.

Salvador's 12- and 14-bit modular camera designs utilize CCD and electron-multiplying CCD (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.

"The acquisition of Salvador Imaging expands Flir's capabilities into a market closely related to our core infrared business," said Flir President and CEO Earl Lewis. "Salvador's technology can be integrated into many of our multisensor systems for government applications, and has significant potential for standalone applications."

Flir said it anticipates the transaction will be neutral to 2009 net earnings and accretive thereafter.

For more information, visit: www.flir.com

There are 439 suppliers of Cameras in the Photonics Marketplace.

OSI Optoelectronics - Design & Manufacturing Standard Oct 22 MR

About Teledyne FLIR Systems Inc.

Published: June 2009

Glossary

color: The attribute of visual experience that can be described as having quantitatively specifiable dimensions of hue, saturation, and brightness or lightness. The visual experience, not including aspects of extent (e.g., size, shape, texture, etc.) and duration (e.g., movement, flicker, etc.).
infrared: Infrared (IR) refers to the region of the electromagnetic spectrum with wavelengths longer than those of visible light, but shorter than those of microwaves. The infrared spectrum spans wavelengths roughly between 700 nanometers (nm) and 1 millimeter (mm). It is divided into three main subcategories: Near-infrared (NIR): Wavelengths from approximately 700 nm to 1.4 micrometers (µm). Near-infrared light is often used in telecommunications, as well as in various imaging and sensing...
photonics: The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...

Browse Cameras & Imaging, Lasers, Optical Components, Test & Measurement, and more.