Flir Systems announces acquisition of DigitalOptics' micro-optics assets FLIR Systems announced that it has acquired certain assets of DigitalOptics Corporation's micro-optics business for a purchase price of $14.9M. 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.
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FLIR Systems upgraded at CRT Capital As previously reported, CRT Capital upgraded FLIR Systems to Buy from Fair Value. The firm views shares as attractive given strong cash flow generation, stabilizing government revenue, and solid commercial growth. Price target is $37.