FLIR acquires Salvador Imaging
Acquisition will allow FLIR to expand into markets related to its core infrared business
Thermal imaging company FLIR Systems has acquired the stock of Colorado Springs, Colorado-based Salvador Imaging, a provider of visible and low-light imaging cameras for $13 million in cash. Salvador’s 12- and 14-bit modular camera designs use charge-coupled device (CCD) and electron-multiplying charge-coupled device (EMCCD) sensors at speeds in excess of 100m frames per second. In addition to operating at high speeds and with low light, the EMCCD cameras provide color and monochrome images.
Earl Lewis, president and chief executive officer of FLIR, said: “The acquisition of Salvador Imaging expands FLIR’s capabilities into a market closely related to our core infrared business. Salvador’s technology can be integrated into many of our multi-sensor systems for government applications, and has significant potential for standalone applications.”
Salvador Imaging has been renamed FLIR Advanced Imaging Systems and will operate as a separate business unit within FLIR’s Commercial Vision Systems division.
In October last year, Salvador Imaging was acquired from Photon Dynamics by a group of investors led by David Gardner, Salvador Imaging’s founder and president. Terms of the acquisition were not announced at that time.
