Night-vision company Flir sells for $8B to Teledyne

Night-vision company Flir sells for $8B to Teledyne

5 years ago
Anonymous $y15ULlV7sG

https://apnews.com/773ad2328f964e9c9c6e5b4c9b9fa517

PORTLAND, Ore. (AP) — California-based Teledyne Technologies will buy the Oregon thermal-imaging company Flir for $8 billion in cash and stock.

The deal announced Monday means the loss of another Oregon tech company as a string of major businesses in the state have sold to larger corporations elsewhere over the past 15 years. Flir’s sale leaves Hillsboro-based Lattice Semiconductor and Beaverton’s Digimarc Corp. as Oregon’s last publicly traded tech companies, The Oregonian/OreonLive reported.

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