Bozeman, Mont.-based Scientific Materials Purchased for $13 Million

Flir Systems Inc. is buying Scientific Materials Corp., http://www.scientificmaterials.com/ a supplier of laser assemblies, laser components and materials.
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Portland-based Flir (NASDAQ: FLIR) is paying $13 million cash. The transaction is expected to close within the next 30 days.

Bozeman, Mont.-based Scientific Materials was founded in 1989 as a producer of specialty crystals for use in high-end laser manufacturing. The company has since expanded into the production of military-grade laser assemblies and high-quality laser components used by a variety of industrial, medical, scientific and military laser manufacturers.

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