There are ways to grow a business other than investing in existing assets and finding new customers. The physical security sector has witnessed a steady flow of M&A activity in recent years and there’s no sign of it abating. Keen to exploit growing demand for end-to-end solutions, some of the industry’s biggest beasts have snapped up brands in adjacent industries to broaden their portfolio.
FLIR introduced the FB-Series ID, the latest fixed bullet thermal security camera in the FB-Series family. Combining best-in-class thermal image detail and high-performance onboard analytics, the FB-Series ID is ideal for narrow to wide area perimeter detection and sterile-zone monitoring. The FB-Series ID features accurate video analytics that are capable of classifying human or vehicular intrusions.
FLIR has unveiled its most advanced commercial drone camera and aerial mapping system, the dual sensor FLIR Duo Pro R. Featuring both a thermal sensor with radiometry and a visible camera, the FLIR Duo Pro R gives professional drone operators the range and image detail needed to capture actionable thermal and visible imagery in a single drone flight.
FLIR Systems, Inc. (NASDAQ: FLIR) introduced the FLIR FB-Series O fixed bullet thermal security camera designed for short to mid-range perimeter protection. The FLIR FB-Series O offers plug-and-play integration with FLIR United VMS and certified by other major third-party video management solutions, making it a versatile solution for new or existing security systems.
FLIR Systems, Inc. (NASDAQ: FLIR) announced FLIR United VMS 8.0, the latest version of the company’s flagship video management solution (VMS), and three high-performance security cameras, including the FLIR PT-Series HD (High-Definition) thermal and visible camera system, the FLIR Quasar 4K fixed box camera, and the FLIR Ariel 3MP (3-megapixel) corner camera. All three cameras integrate with FLIR United VMS 8.0 and expand the company’s end-to-end line of security solutions.
FLIR Systems, Inc. (NASDAQ: FLIR) announced that Andrew C. Teich, its President, Chief Executive Officer and a member of its Board of Directors, plans to retire after 33 years of service. Mr. Teich will continue to serve in his current roles until a successor is appointed. As part of FLIR’s succession planning process, the Board will conduct a comprehensive search for a new CEO. FLIR has retained Korn Ferry International, a leading executive search firm, to assist in the search process.
FLIR Systems announced the second generation of the FLIR Meridian Network Video Recorder (NVR). An all-in-one video surveillance recording system, the second generation product adds a built-in 8-port PoE switch and dual monitor display functionality. Ideal for small to medium enterprise security systems, the FLIR Meridian NVR’s new built-in 8-port PoE switch and external 8-port PoE switch options allows you to connect up to 24 cameras.
Sensor developer FLIR Systems announced it has acquired unmanned aerial systems maker Prox Dynamics for $134 million in cash. Based in Oslo, Norway and founded in 2007 by pioneers in nano helicopter technologies, Prox Dynamics develops, manufactures, and distributes aerial sensors that are revolutionarily small, light, and covert surveillance systems. Prox Dynamics’ Personal Reconnaissance System (PRS) features their Black Hornet aerial sensor and a hand controller, a system that is pocket sized and hand-launched by a soldier in the field, enabling a significant advantage in situational awareness and mission planning.
FLIR Systems, Inc. (NASDAQ: FLIR) announced the identiFINDER® R100 personal radiation detector, the latest addition to its industry-leading identiFINDER R-Series handheld radiation security solutions. The belt-worn R100 integrates networking capabilities to safeguard first responders, law enforcement, and military and security personnel by delivering immediate radiation threat alarms and providing automatically-generated radiation dose rate reports to offer increased situational awareness to central command personnel.
FLIR Systems, Inc. (NASDAQ: FLIR) announced that it has reached a definitive asset purchase agreement to acquire the business of Point Grey Research, Inc., a leading developer of machine vision cameras for use in industrial, retail, scientific, traffic, mapping, and other advanced imaging applications, for approximately $253 million in cash.