FLIR Systems acquires DVTEL

FLIR Systems has acquired video surveillance developer DVTEL in a $92 million cash deal.

DVTEL develops integrated video management system (VMS) software, advanced video analytics software, visible and thermal security cameras, and related servers and encoders. "The combination enables FLIR, with its existing FLIR-branded thermal and visible cameras as well as its Lorex-branded security systems, to be a full-spectrum end-to-end security system provider, serving the consumer, small and medium business, enterprise, and infrastructure-level markets," said a FLIR announcement.

"FLIR's strong position in thermal imaging together with DVTEL's extensive video analytics and VMS capability will position us well to offer differentiated and highly accurate perimeter security solutions for the upper corner of our security segment's product value ladder," said FLIR CEO Andy Teich.

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