FLIR Corp. [FLIR], a leader in imaging systems for surveillance and targeting for government and commercial customers has agreed to acquire ICx Technologies [ICXT] for $274 million in cash in a deal that will bolster its surveillance solutions with radar, add a suite of detection products in the chemical, biological, nuclear and explosives space, and give it additional systems integration capabilities. The agreement assumes a $7.55 purchase price for each share of ICx common stock, less than half the price…
FLIR to Acquire ICx, Bolstering Surveillance and Detection Capabilities
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