Infrared Solutions to be acquired by electronics manufacturer Fluke Electronics Corporation
Plymouth, MN, September 26, 2005--The Board of Directors of Infrared Solutions Inc. announced today that it has agreed to the sale of Infrared Solutions Inc. to Fluke Electronics Corporation, 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. Today, Infrared Solutions is recognized as an innovator in the application of infrared (IR) technology for commercial and industrial use. The company designs, manufactures and sells a broad range of thermal imaging products for 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 rugged, easy-to-use, portable thermographic cameras with advanced analysis reporting software. For more information about Infrared Solutions, Inc. visit www.infraredsolutions.com.
The transaction is expected to close during the fourth quarter of 2005, following satisfaction of certain customary closing conditions.
Fluke is the world leader in compact, professional electronic test tools. Fluke customers are 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.
For more information on Fluke Corporation and its products and services, visit www.fluke.com, or contact Fluke Corporation, P.O. Box 9090, Everett, WA USA 98206, call (888) 308-5277, fax (425) 446-5116, or e-mail firstname.lastname@example.org.