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FLIR Systems and Indigo Systems to Merge

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PORTLAND, Ore. & GOLETA, Calif., Oct. 23 -- FLIR Systems Inc., of Portland, Ore., announced yesterday it will acquire Indigo Systems Corp. for approximately $190 million in cash and stocks. Indigo, based in Goleta, Calif., makes a wide variety of infrared imaging products, including cooled and uncooled infrared detectors, camera cores and finished cameras. FLIR Systems makes thermal imaging and stabilized camera systems for thermography and imaging applications. Earl Lewis, chairman, president and CEO of FLIR, said, "Indigo has emerged as one of the leading centers of innovation in the...Read full article

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    Published: October 2003
    Glossary
    thermal imaging
    Thermal imaging is a technology that detects infrared radiation (heat) emitted by objects and converts it into an image, known as a thermogram, which displays temperature variations in different colors. Unlike visible light imaging, thermal imaging does not require any ambient light and can be used in complete darkness or through obstructions such as smoke, fog, and certain materials. Thermal cameras use sensors to detect infrared radiation and generate images based on the temperature...
    camera systemsFlir SystemsIndigo Systems Corp.infrared detectorsNews & FeaturesSensors & Detectorsthermal imaging

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