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FLIR Acquires Video Surveillance Solutions Provider DVTEL

Cal Biesecker By
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FLIR Acquires Video Surveillance Solutions Provider DVTEL
DVTEL’s Latitude video management software allows organizations to manage video surveillance operations over IP networks. Photo: FLIR Systems

FLIR System, Inc. [FLIR] on Monday said it has acquired DVTEL, Inc., a developer and supplier of software and hardware technologies for video surveillance, enabling the company to be a full-spectrum end-to-end security system provider.FLIR said it paid $92 million in cash for New Jersey-based DVTEL, adding that the acquisition is expected to be neutral to earnings this year and accretive beginning in 2016.DVTEL provides integrated video management system (VMS) software, advanced video analytics software, visible and thermal security cameras,…

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