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

  • Smart cameras offer real-time alerts
    April 10, 2014
    Intelligent traffic cameras open up a host of possibilities for traffic planners and controllers alike. If traffic management centres (TMCs) around the world are to cope with the increasing demands of growing traffic flows while maintaining or improving transport safety and efficiency, then video monitoring will have to be supplemented by automated warnings of incidents or deviations. According to Patrik Anderson, business development director at Swedish camera manufacturer Axis Communications, it is no
    Read More
  • Almost ten per cent growth predicted for road safety market by 2021
    November 3, 2016
    According to a new market research report "Road Safety Market by Solution (Red Light Enforcement, Speed Enforcement, Incident Detection System, Bus Lane Compliance, and Automatic License Plate Recognition), Service (Consulting & System Integration and Risk Assessment) - Global Forecast to 2021", published by MarketsandMarkets, the road safety market is estimated to grow from US$2.60 billion in 2016 to US$4.06 billion by 2021, at a compound annual growth rate (CAGR) of 9.3% during the forecast period. The
    Read More
  • The future car will be a robot-driven giant computer, says report
    October 14, 2013
    A newly published Frost & Sullivan video report, The Future of Mobility summarises the key factors which impact the way people will move from door to door in the future and which will add a new dimension to the mobility behaviour of human beings. The video report highlights trends impacting mobility, presents future mobility solutions like car sharing, and mobility apps, providing door to door one stop shop journeys, and discusses and compares what organisations within the mobility eco-system are doing to e
    Read More
  • Smart parking for a smarter city says Beecham Research
    March 28, 2014
    Smart Parking could relieve congestion, reduce driver frustration, improve health and give a vital boost to the future of our cities, says Dr Therese Cory, the principal author of a new report from Beecham Research. Cities are centres for business, government and culture, attracting high volumes of workers and visitors. But today, the use of modern communications and information technology is enabling City authorities to explore new ways to make their cities work better. The Beecham report examines a nu
    Read More

Highlighted Content