Hello, Guest!
  • Friday, November 22, 2024

FLIR Finalizes Endeavor Robotics Purchase; James Cannon Quoted


James Cannon

FLIR Systems (Nasdaq: FLIR) completed its acquisition of Endeavor Robotics from Arlington Capital Partners in a $382 million cash deal.

Endeavor, formerly iRobot Defense and Security, will now operate as part of the unmanned systems and integrated solutions division of FLIR™s government and defense business unit, FLIR said Monday.

James Cannon, president and CEO of FLIR, said the transaction enhances the company™s efforts to deliver unmanned ground and aerial systems to meet the requirements of warfighters, critical infrastructure and public safety professionals.

FLIR initially announced the transaction in February and expects the deal to be $0.03 dilutive to its adjusted earnings per share in 2019.

Video of the Day

Related Articles

Public Safety Media Recorder Exacom Takes Over Cybersecurity Provider SecuLore M&A Activity

Public Safety Media Recorder Exacom Takes Over Cybersecurity Provider SecuLore

Exacom, a company that provides communication recording services to public safety and local government customers, has acquired Maryland-based cybersecurity firm SecuLore Solutions. The purchase expands Exacom’s services from mission-critical multimedia logging recording to IT protection for critical infrastructure and government operations, the New Hampshire-based company said Sunday. SecuLore was founded in 2016 by Tim and

Richard Coleman Promoted to Axon Federal President Executive Moves

Richard Coleman Promoted to Axon Federal President

Richard Coleman, former senior vice president and general manager of the federal sector at Axon (Nasdaq: AXON), has taken on a new role as president of the public safety technology provider’s federal business. He will oversee Axon Federal’s business performance and growth initiatives across federal law enforcement and military markets, according to his LinkedIn. Scottsdale,

Zee Hussain, Jim Bugel Take New Leadership Roles Within AT&T Public Sector in Series of Exec Moves Executive Moves

Zee Hussain, Jim Bugel Take New Leadership Roles Within AT&T Public Sector in Series of Exec Moves

AT&T (NYSE: T) has named telecommunications industry veterans Zee Hussain and Jim Bugel as president of the company’s public sector business and president of its FirstNet program, respectively, in a string of leadership changes that will take effect on Oct. 16. Hussain will succeed Jason Porter (2022 Wash100 inductee), who will assume a new leadership