Last month, FLIR Systems, makers of a wide variety of infra-red optical systems has spent $41 Million in cash to purchase San Francisco-based Armasight, Inc. Its a good fit for FLIR because Armasight develops and distributes a wide range of rifle scopes, spotting scopes, binoculars, goggles, and illuminating tools and will complement FLIR’s Personal Vision Systems and Thermal Weapon Sights. The combined business line will be named FLIR Outdoor and Tactical Systems and will be reported within FLIR’s Surveillance segment.
“The addition of Armasight to our existing scopes and sights business provides us with meaningful additional scale and injects additional market expertise to better serve the growing hunting and military scopes markets,” said Andy Teich, President and CEO of FLIR. “We are pleased to welcome this talented team in further leveraging FLIR’s established channels into global military and law enforcement customers, as well as utilize our advanced thermal sensor development and vertically-integrated production capabilities to advance their products and reduce costs.”
