FLIR Systems (FLIR) has been acquired by Teledyne Technologies, ending the stock market listing for FLIR. Teledyne announced the acquisition of FLIR on January 4. The acquisition for $7.5 billion or $28 cash per share of FLIR and 0.0718 common shares of Teledyne was completed on May 14, 2021.
FLIR Systems (FLIR) last raised its quarterly dividend by 6.3 percent to $0.17 per share in the first quarter of 2019. This marked the 7th consecutive year of annual dividend increases by FLIR.
FLIR Systems, Inc. is a manufacturer of sensor systems and components that are used for a wide variety of thermal imaging, situational awareness, and security applications, including airborne and ground-based surveillance, condition monitoring, navigation, recreation, research and development, manufacturing process control, search and rescue, drug interdiction, transportation safety, border and maritime patrol, environmental monitoring, and chemical, biological, radiological, nuclear, and explosives threat detection.