Flir Systems buys major stake in CEDIP Infrared Systems

18 January 2008

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Flir Systems AB has become the majority shareholder of fellow infrared specialist CEDIP Infrared Systems as of 4 January 2008. With the transaction complete, the CEDIP Infrared Systems infrared camera operations will be integrated into the Thermography Division of Flir Systems and trade under the Flir brand name.

In broad terms the acquisition will provide greater R&D capability, enhanced core competence and greater production and distribution ability. Crucially it will allow more products and systems to be produced to serve the specific needs of customers all over the world.

Flir says this development will give the customers of both companies instant access to the widest range of infrared cameras on the market. CEDIP Infrared Systems and Flir Systems both invest heavily in the development of both their IR camera products as well as their software. The combined operation will naturally have the same ethos of ensuring a future-proof path for all customers and distributors.

High-end R&D customers will, however, be the major beneficiaries from this move. Both companies already have a strong presence in the production of scientific grade cameras and their combined competence in this field will make the partnership between CEDIP Infrared Systems and Flir Systems a force to be reckoned with.

The fortified Flir Systems will now have the capacity to develop R&D Systems that are application-specific, with a greater range of cooled detector combinations. The centre of excellence of these high-end cameras will remain at the CEDIP Infrared Systems base in France.

Arne Almerfors, President of the Flir Systems Thermography Division, comments: "The combined forces of Flir Systems Thermography Division and CEDIP Infrared Systems will take infrared technology into a new league on many fronts and result in development excellence to the benefit of all our customers."

Pierre Potet, President of CEDIP Infrared Systems, adds: "Teaming up with Flir Systems Thermography Division is a great opportunity for the development of CEDIP Infrared Systems high-end thermography products. The combination of the international sales network and global expertise of Flir Systems, together with the technology of CEDIP Infrared Systems, will immediately benefit all the customers and markets we serve."

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