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Flir Buys Aerius Photonics, Reports Lower Profit

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PORTLAND, Ore., July 25, 2011 — Thermal imaging systems maker Flir Systems Inc. has acquired California-based Aerius Photonics LLC, a provider of short-wavelength infrared (SWIR) detectors and laser components, for $27 million in cash. Flir also announced lower earnings for the second quarter, which ended June 30, and reduced its outlook for the rest of the year. Aerius Photonics, based in Ventura, Calif., designs, develops and manufactures indium gallium arsenide (InGaAs)-based infrared detectors, high-power vertical-cavity surface-emitting laser (VCSEL) diodes, ultralightweight laser rangefinders and altimeters, and...Read full article

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    Published: July 2011
    acquisitionsAerius PhotonicsAmericasBusinessCaliforniadefenseFlir Commercial Systems RaymarineFlir SystemsImagingInGaAs infrared detectorslaser rangefindersOregonSensors & DetectorsSWIR detectorsthermal imaging systemsVCSEL diodesLasers

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