Flir keeps busy with transportation software company purchase

For the third time this year, Flir Systems Inc. has steered money toward a new partner. In this case, Flir (Nasdaq: FLIR) purchased Denver-based Acyclica Inc., which makes “automotive roadway and intersection data generation and analysis” software. Essentially, Acyclica provides real-time traffic information to municipal departments that address congestion and other road issues. The move “adds a new sensing platform and a data analytics software element to our mission to provide complete and…

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Flir keeps busy with transportation software company purchase