Infrared Solutions to be acquired by Fluke Electronics

ControlDesign.com
09/27/2005

THE BOARD of Directors of Infrared Solutions has announced that it has agreed to the sale of the company to Fluke Electronics, an electronics manufacturer based in Everett, Washington.

Infrared Solutions was founded in 1994 by a group of former Honeywell scientists and engineers who first developed infrared sensors for the U.S. military. The company designs, manufactures and sells a broad range of thermal imaging products for commerical and industrial applications across a number of channels, including predictive and preventative maintenance. The company’s products include the IR FlexCam and the IR-InSight, which are portable thermographic cameras with advanced analysis reporting software.

Fluke manufactures electronic test tools for technicians, engineers, electricians and metrologists who install, troubleshoot, and manage industrial electrical and electronic equipment and calibration processes for quality control. Fluke introduced its first thermography product earlier this year with the release of the Fluke Ti30.

The transaction is expected to close during the fourth quarter of 2005, following satisfaction of certain customary closing conditions.