Flir keeps busy with transportation software company purchase

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

FLIR puts money into Singapore simulator specialists

FLIR puts money into Singapore simulator specialists

FLIR Systems Inc. (NASDAQ: FLIR) said this morning it has made a “strategic investment” in a sensor systems company. FLIR didn’t disclose how much money it’s investing in Singapore-based Cvedia PTE Ltd. Inc., which makes “machine learning applications that are used to efficiently enable sensor systems with artificial intelligence.” The Wilsonville company has worked with Cvedia before, using its datasets in crafting its own applications. FLIR makes sensor systems used by military and public safety…

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FLIR puts money into Singapore simulator specialists