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Lorex Technology, subsidiary of safety for SMEs of Flir Systems based in Canada, It has passed into the hands of the multinational Chinese Dahua.

FLIR Systems Lorex DahuaThe official statement issued by FLIR Systems it materializes the sale of its Canadian business Lorex Technology, specialized in security systems for small and medium-sized enterprises (SMB) with more than 100 products in portfolio, the manufacturer Dahua, for a value of some 29 million, to focus completely on verticals of business and critical infrastructure.

So Jim Cannon points out, President and CEO of Flir, in this release: "this divestiture will allow us to focus on our business segments and critical infrastructure security business, they are the basis of many customers to our technology. As we evaluate our position and opportunities in this market, We determined that the SMB business already is not consistent with our strategy to build intelligent security solutions and turnkey".

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By • 28 Feb, 2018
• Section: Business