Raymarine Plc sold to FLIR Systems, Inc.
 

Raymarine Plc sold to FLIR Systems, Inc.
Raymarine plc (the "Company"), a global leader in the supply of
electronic products to the leisure marine market, has today reached
agreement to sell its shares in Raymarine Holdings Limited to a
subsidiary of FLIR Systems, Inc. ("FLIR") a world leader in thermal
imaging products. The sale represents the entire business operations of
Raymarine and its subsidiaries.
- - -




--
The Tea Party's teabaggers are just the Republican base by another name.

Raymarine Plc sold to FLIR Systems, Inc.
 

On May 14, 4:55*pm, hk wrote:
Raymarine Plc sold to FLIR Systems, Inc.
Raymarine plc (the "Company"), a global leader in the supply of
electronic products to the leisure marine market, has today reached
agreement to sell its shares in Raymarine Holdings Limited to a
subsidiary of FLIR Systems, Inc. ("FLIR") a world leader in thermal
imaging products. The sale represents the entire business operations of
Raymarine and its subsidiaries.
- - -



Harry, is that good or bad? I'm not familiar with either company or
their products.

Raymarine Plc sold to FLIR Systems, Inc.
 

On 5/14/10 7:39 PM, Tim wrote:
On May 14, 4:55 pm, wrote:
Raymarine Plc sold to FLIR Systems, Inc.
Raymarine plc (the "Company"), a global leader in the supply of
electronic products to the leisure marine market, has today reached
agreement to sell its shares in Raymarine Holdings Limited to a
subsidiary of FLIR Systems, Inc. ("FLIR") a world leader in thermal
imaging products. The sale represents the entire business operations of
Raymarine and its subsidiaries.
- - -



Harry, is that good or bad? I'm not familiar with either company or
their products.



Who really knows? The shares of Ray were almost worthless, according to
the documentation I saw. To me, at least, buyouts are not usually good
for fans of the bought-out company. Ray was a pretty decent maker of
boater electronics. I know what "FLIR" is, but I don't know anything
about FLIR systems.



--
The Tea Party's teabaggers are just the Republican base by another name.

Raymarine Plc sold to FLIR Systems, Inc.
 

On Fri, 14 May 2010 16:39:57 -0700 (PDT), Tim
wrote:

On May 14, 4:55*pm, hk wrote:
Raymarine Plc sold to FLIR Systems, Inc.
Raymarine plc (the "Company"), a global leader in the supply of
electronic products to the leisure marine market, has today reached
agreement to sell its shares in Raymarine Holdings Limited to a
subsidiary of FLIR Systems, Inc. ("FLIR") a world leader in thermal
imaging products. The sale represents the entire business operations of
Raymarine and its subsidiaries.
- - -



Harry, is that good or bad? I'm not familiar with either company or
their products.

Raymarine was a spinoff of the old Raytheon marine products operation.
Raytheon made very high quality marine electronics to near military
specs, and some of it is still going strong more than 30 years after
it was built. Raymarine cut a lot of corners after the spinoff
however, and the legendary quality is just not there any more. Word
has gotten around, hurting sales, and of course the entire
recreational boating market is in a huge slump.

FLIR is kind of a recent upstart which has carved out a niche market
for reduced vision devices (fog, night time, etc.).

http://www.flir.com/cvs/eurasia/en/content/?id=3868

Their gear is a bit pricey and not often found on boats less than 65
feet or so.

Raymarine Plc sold to FLIR Systems, Inc.
 

On May 14, 10:45*pm, wrote:
On Fri, 14 May 2010 20:47:35 -0400, Wayne.B





wrote:
Harry, is that good or bad? *I'm not familiar with either company or
their products.

Raymarine was a spinoff of the old Raytheon marine products operation.
Raytheon made very high quality marine electronics to near military
specs, and some of it is still going strong more than 30 years after
it was built. * Raymarine cut a lot of corners after the spinoff
however, and the legendary quality is just not there any more. * Word
has gotten around, hurting sales, and of course the entire
recreational boating market is in a huge slump.

FLIR is kind of a recent upstart which has carved out a niche market
for reduced vision devices (fog, night time, etc.). *

http://www.flir.com/cvs/eurasia/en/content/?id=3868

Their gear is a bit pricey and not often found on boats less than 65
feet or so.

Without knowing more than I do, my guess is they are going to meld the
Raytheon military products, RADAR and GPS technology with the FLIR IR
technology and come out with the next big thing. Maybe a heads up
display in your cockpit that can see IR, sense with RADAR and lay it
down on a soft copy chart. with course and heading.

,.. but that is just what they might be able to do with all of that
technology. *- Hide quoted text -

- Show quoted text -

Could it also be that RayMarine was purchased because they might have
some patents that FLIR was wanting? I've seen that happen before....

Raymarine Plc sold to FLIR Systems, Inc.
 

On Mon, 17 May 2010 15:29:47 -0700 (PDT), Tim
wrote:

Could it also be that RayMarine was purchased because they might have
some patents that FLIR was wanting? I've seen that happen before....

It's possible but I have no idea. If they wanted Raymarine for the
brand and product line there is work to be done.