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FLIR To Buy ICx Technologies, Bolstering Surveillance And Detection

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By Calvin Biesecker FLIR Corp. [FLIR], a leader in imaging systems for surveillance and targeting for government and commercial customers, yesterday said it has agreed to acquire ICx Technologies [ICXT] for $274 million in cash in a deal that will bolster its surveillance solutions with radar, add a suite of detection products in the chemical, biological, nuclear and explosives space, and give it additional systems integration capabilities. The agreement assumes a $7.55 purchase price for each share of ICx common…

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