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Business/Financial

FLIR Acquires Spanish Sensor Networking Firm

DDN

Thursday, April 10th, 2008

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FLIR Systems [FLIR] on Tuesday said it has acquired Spain's Ifara Tecnologias, a developer and supplier of middleware and client application software used to network sensor systems, for $11.1 million in cash. FLIR, which has been partnering with Ifara for several years, said the company's technology will help its customers seamlessly integrate a wide variety of sensors for any project. Earl Lewis, FLIR's chairman and CEO, said "bringing [Ifara] in-house will accelerate the adoption of Ifara's complementary technology and help…

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