Hmmmmmm!!!!!!! CRAP!

Imaging company FLIR Systems has acquired a large chunk of the assets belonging to Tessera Technologies’ micro-optics business, in a transaction valued at $15 million.

200 patents
Though it did not detail exactly which parts of the business it had sold to FLIR, Tessera said previously that it owned both the land and building for the ISO-registered Charlotte facility, and had planned to retain those specific assets. “All other assets are held for sale,” wrote the firm in its most recent filing with the US Securities & Exchange Commission (SEC).

FLIR says that the purchase price included fabrication equipment and more than 200 patents either granted or pending and associated with the design and production of complex optical surfaces, substrates, and low cost-components.

Those components are used in a wide array of applications, including FLIR’s core areas of security and surveillance, as well as photolithography, data communications, biophotonics equipment, and 3D gesture recognition.

FLIR CEO Andy Teich said: "Bringing this low-cost, wafer-scale micro-optics technology to our operations provides us significant capability and cost advantages as we move into high-volume markets for thermal imaging.”

"We look forward to adding these proprietary processes, manufacturing capabilities, and experienced engineering and production personnel to FLIR."