This morning, Lorex Technology announced it had entered into a definitive agreement with FLIR Systems to sell itself for $1.30 per share in cash. The acquisition values Lorex at just over $35-million.
About Nick WaddellCantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider.
