Search
Menu
Excelitas Technologies Corp. - X-Cite Vitae LB 11/24

FLIR Systems Completes Acquisition of Inframetrics

Facebook X LinkedIn Email
PORTLAND, Ore., April 2 -- FLIR Systems Inc. has completed its acquisition of Inframetrics Inc. The transaction, which will be accounted for as a pooling of interests, involved the issuance of approximately 2.3 million shares of FLIR common stock to the shareholders of Inframetrics (including shares issuable upon the exercise of options to purchase Inframetrics stock) in exchange for all of Inframetrics' outstanding stock. On a pro forma basis the combined company's net income for 1998 was $16.8 million, or $1.24 per diluted share based on approximately 13.5 million shares outstanding....Read full article

Related content from Photonics Media

    Published: April 1999
    News & Features

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.