FLIR Buys Point Grey For $253M

By: Brian Karas, Published on Oct 04, 2016

FLIR's acquisition streak continues, announcing an acquisition of Point Grey Research for $253M in cash.

Other notable FLIR deals include:

However, this deal is different than those acquisitions. In this report, we share our discussion with FLIR on how this acquisition will fit into FLIR and potentially impact their security products.

****'* *********** ****** *********,********** ** *********** ** Point **** ******** *** $**** ** ****.

***** ******* **** ***** include:

*******, **** **** ** different **** ***** ************. ** this ******, ** ***** our ********** **** **** ** *** this *********** **** *** into **** *** *********** impact ***** ******** ********.

[***************]

Point **** ********

***** **** *** ******* ** 1997 *** ******* ************* *** employees, **** *** ******** ** ship ***** ***,*** ***** per ****. ******* ** not *********, *** ** estimate ** ** ~$****/**** (based ** ******** ***** / ********** *********), ***** ***** imply * ********** ***** to ***** ********* ** ~2.5x.

***** **** *********** ** ********** *** machine ****** *** ********** imaging, **** ****** ** ******* **** **** ******** **** global ******** *** ********** like **** *** ******** to ********* **** * variety ** *******. ***** ****** ****** ******* *** ******** ******* *** processing ** ****** *****-****, which *** ** **** in ****** ** *** navigation ****** *********, ** in ********** ******* ** detect ******* ** ** assembly ****.

********* ***** **** ******** their ******** ** ********* that ***** * ******** solution, ****** **** **** turn-key *******.

Point **** ******** ******

****** **** *** **** of * ********* ********, Point **** ****** * security ****** ** * finished *******, ***** ******* ** ******, ***** **** released ** ****.*** ******** ** *** ******* IP ************ ** ** ** ******* in ******** ** **** standards. ***** *** *** been * ***** ********* of *** ******** ******* since.

FLIR ***** *** ********** ********

**** *** * ********, their ***** *** ********** ****, ***** ** ******* to ***** ****. **** division ** **** ***** ******* to ********** ********* **** BMW *** *** ** navigation ****, *** **** supplies ******* ******* ********* which *** *** ***** components ** ****** * thermal ******** ******, ** essence ********* **** ****'* security ********.

** **** ****'* "*** & ******** *******" ********, which ** ***** ***** and ********** ***** *****, reported $186M ** *******. ** contrast, ****'* ******** ******** (*****/*********, FLIR ******* ******** *******) reported $**** ** **** revenue.

No ****** ** ******** ********

**** ** ***** ****'* ********** may ********** ** ******** in **** ******** *******, but ********* ** **** this *** *** *** primary ****** *** *** acquisition. ***** **** **** **** within ****'* *** & ******** ******* division, ********* ****'* ******* to ******* ******* ******* solutions ** ***** ********** customers. 

*********** **** ** *********** in *** ******** ******** with ***** ** *** is ******** ** ********, and **** ******* ** upcoming ******* ************* **** that **** ** ********** by **** ***********.

Comments (2)

Undisclosed #1

10/04/16 03:26pm

Undisclosed #2

10/08/16 12:08am

Is this the ISC West '17 temp tattoo booth giveaway?

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