Flir Systems to acquire Point Grey Research

US-based Flir Systems is to acquire the business of machine vision camera developer Point Grey Research in a deal which Flir believes will augment its existing OEM cores and components business by adding a broad range of visible spectrum machine vision cameras and solutions. In addition, Flir’s thermal sensor technology will extend Point Grey’s product range into new applications. The business will become Flir’s Integrated Imaging Solutions line of business operating within the OEM and Emerging segment.
October 4, 2016 Read time: 1 min
US-based 6778 Flir Systems is to acquire the business of machine vision camera developer 541 Point Grey Research in a deal which Flir believes will augment its existing OEM cores and components business by adding a broad range of visible spectrum machine vision cameras and solutions.

In addition, Flir’s thermal sensor technology will extend Point Grey’s product range into new applications. The business will become Flir’s Integrated Imaging Solutions line of business operating within the OEM and Emerging segment.

Founded in 1997 and based in Richmond, British Columbia, Point Grey develops advanced visible imaging cameras and solutions that are used in industrial automation systems, medical diagnostic equipment, people counting systems, intelligent traffic systems, military and defence products and advanced mapping systems.

The transaction is expected to be completed in the fourth quarter of 2016.

Detection, Monitoring & Machine Vision

For more information on companies in this article

Related Content

  • Germany is Mad for Vitronic
    April 30, 2025
    Managed Automated Driving project takes place in German city of Brunswick
    Read More
  • WSP to acquire Louis Berger in $400m deal
    August 2, 2018
    WSP is set to acquire US international professional services firm Louis Berger in a deal valued $400m. The transaction will add 5,000 employees to WSP and increase its reach in the US, Europe, the Middle East and Latin America. Through the agreement, WSP intends to continue Louis Berger’s restructuring of its international operations and expects to incur $50m in one-time integration and restructuring costs in the coming years. Alexandre L’Heureux, president and chief executive officer of WSP, says the
    Read More
  • McCain parking guidance system acquired by Swarco
    May 10, 2013
    Swarco Traffic Americas has acquired the McCain parking business unit, which uses LED signs, single space indicators and software to provide real-time information to motorists and parking operators. The acquisition enables Swarco to further broaden its product offering in the United States with technology and project references that perfectly align with the company’s standards. McCain will continue to produce all of Swarco’s hardware through its contract manufacturing division that offers turnkey manufactur
    Read More
  • Transport management systems market ‘offers opportunities for emerging players’
    May 23, 2017
    Dominance in the global transportation management systems (TMS) market lies with a few companies, despite which the market exhibits considerable opportunities for emerging players, according to a new report by Transparency Market Research (TMR). Currently, companies such as SAP SE, Oracle Corporation, Descartes Systems Group, JDA Software Group, and Manhattan Association hold dominance in the global transportation management system market, says the study. The report also identifies companies such as BluJa
    Read More

Highlighted Content