FLIR Systems Inc. to Acquire Point Grey Research Inc.
RICHMOND, BRITISH COLUMBIA — FLIR Systems Inc. has reached a definitive asset purchase agreement to acquire Point Grey Research Inc.
The transaction is expected to be completed in the fourth quarter of 2016, subject to Point Grey shareholder approval, regulatory approvals, and customary closing conditions. Upon completion, Point Grey Research will become "FLIR Integrated Imaging Solutions," operating as a stand-alone entity within FLIR's OEM and Emerging business segment.