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Flir Acquires Video Detector Maker

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PORTLAND, Ore., Jan. 2, 2013 — Flir Systems Inc. has acquired the stock of Traficon International NV, a video detection technologies maker, for approximately $46 million in cash. Traficon of Wevelgem, Belgium, manufactures video image processing software and hardware for traffic analysis. The company’s intelligent technology makes traffic safer and more efficient through solutions for detecting incidents automatically, collecting traffic data, and monitoring the presence of vehicles and pedestrians at intersections. “This acquisition will accelerate the adoption of Flir technology in the expanding...Read full article

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    Published: January 2013
    AmericasBelgiumBusinessEarl LewisEuropeFlir Systems Inc.ImagingOregonSensors & Detectorstraffic applicationstraffic detectionTraficon Internationalvideo detectionvideo-based traffic control

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