Business News

FLIR Systems Announces Sale of Extech Data Systems

Thursday 17. December 2009 - FLIR Systems, Inc. (NASDAQ: FLIR) announced today the sale of the Extech Data Systems business to Datamax-O'Neil, part of Dover Corporation's (NYSE: DOV) Product Identification Group. Extech Data Systems, acquired by FLIR in 2007 as part of the Extech Instruments acquisition, develops portable printers for enterprise-wide applications. The transaction will be immaterial to FLIR's financial results.

“The acquisition of Extech Instruments expanded FLIR’s access to key distribution channels for our emerging low-price Thermography products. The Extech Data Systems business was a separate unit of Extech that was not aligned with FLIR’s strategic direction,” said Earl R. Lewis, President and CEO of FLIR Systems, Inc. “We are pleased Extech Data Systems will now be part of Datamax-O’Neil, a leader in the global Auto-ID market, of which portable printers are a key product line.”