FLIR Acquires DOC’s Micro-Optics Assets

PORTLAND, OR /Marketwired/ -- FLIR Systems Inc. announced that it has acquired certain assets of DigitalOptics Corp.'s (DOC) micro-optics business for a purchase price of $14.9 million. Included in the purchase are fabrication equipment and more than 200 patents and pending applications associated with the design and production of complex optical surfaces, substrates, and low-cost components.

DigitalOptics' micro-optics business, based in Charlotte, NC, is a leading fabricator of wafer-scale specialty optics products, including lenses, lens arrays, optical receivers and transceivers, and various infrared optical components. These high-volume, low-cost optics technologies are used in a wide array of industries and applications, including security, surveillance, photolithography, data communications, laser-based medical equipment, and 3D gesture recognition.

"Bringing this low-cost wafer-scale micro-optics technology to our operations provides us significant capability and cost advantages as we move into high-volume markets for thermal imaging," said Andy Teich, President and CEO of FLIR. "We look forward to adding these proprietary processes, manufacturing capabilities, and experienced engineering and production personnel to FLIR."

About FLIR Systems
FLIR Systems Inc. is a world leader in the design, manufacture, and marketing of sensor systems that enhance perception and awareness. The company's advanced thermal imaging and threat-detection systems are used for a wide variety of imaging, thermography, and security applications, including airborne and ground-based surveillance, condition monitoring, research and development, manufacturing process control, search and rescue, drug interdiction, navigation, transportation safety, border and maritime patrol, environmental monitoring, and chemical, biological, radiological, nuclear, and explosives (CBRNE) detection.

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