Lorex by FLIR

Lorex by FLIR
Subsidiary of FLIR Systems
Founded
  • Founded: 1993
  • Strategic Vista: 1996 – Purchased Lorex brand
  • Digimerge: Launched in 2003
  • December 2012 – LOREX technology Inc. acquired by FLIR Systems, INC – $59 million
Headquarters Markham, Ontario
Canada
Key people
Products Security Cameras & Security Camera Systems
Website https://www.lorextechnology.com

Lorex by FLIR (Formally Lorex Technology, Inc.) distributes video security systems.[1] through brick and mortar retail as well as online channels.[2][3] Lorex manufactures product for small business and consumer markets primarily in North America and Europe.

Acquisition by FLIR

The company is headquartered in Markham, Ontario, Canada, and in December 2012 was acquired by (and now operates as a subsidiary of) FLIR Systems, Inc for CAD$59 million.[4]

History

Lorex Technology, Inc. was founded by Bernard Klein in 1991 and purchased by Strategic Vista International in 1996. A subsidiary of Lorex, Digimerge, launched in 2003 to gain access to the commercial/professional security marketplace.[3] On December 20, 2012, FLIR Systems, Inc. a provider of thermal imaging cameras and systems, successfully completed the acquisition of Lorex Technology Inc.[5] Reuben Klein retired in 2013 with John Distelzweig succeeding him as the new Vice President and General Manager.

Products

Lorex provides video surveillance systems and equipment, including connected visible light video cameras, illuminated infrared cameras, DVRs / NVRs, video monitors, and baby monitors.[1][5]

Media Coverage

Santa Clara Jail

The company received notable media coverage when their security cameras captured an inmate brawl at a jail in California. After county officials told Santa Clara County Sheriff Laurie Smith that installing additional security cameras would take over two years and $20 million, she went out-of-pocket and purchased a Lorex security camera system, and was able to have it installed the night prior to the disturbance at the jail.[6][7][8][9]

Patents

Security Alarm System

Method and apparatus for two-way communications amongst a plurality of communications devices

References

  1. 1 2 FLIR Acquires Retail Camera Provider; Announces 3rd-Quarter Results, www.securitysales.com, retrieved 2012-10-24
  2. ↑ FLIR acquires Lorex for $59M, posts Q3 sales drop, www.bizjournals.com, retrieved 2012-10-25
  3. 1 2 LOREX Technology Inc. Agrees to Be Acquired by FLIR Systems, Inc. for Cdn $1.30 Per Share in Cash, www.marketwired.com, retrieved 2012-10-25
  4. ↑ FLIR buys Lorex; trims full-year outlook, optics.org, retrieved 2012-10-25
  5. 1 2 FLIR Systems Acquires Lorex Technology And Digimerge Technologies, sourcesecurity.com, retrieved 2013-02-05
  6. ↑ Fed up with wait, Santa Clara sheriff buys jail cameras herself, www.mercurynews.com, retrieved 2016-02-03
  7. ↑ New cameras capture huge inmate brawl at California jail, www.cbsnews.com, retrieved 2016-03-04
  8. ↑ Santa Clara County Sheriff Uses Her Own Money To Buy Jail Cameras, cbslocal.com, retrieved 2016-03-02
  9. ↑ Fed up, sheriff puts 12 jail cameras on her American Express, www.santacruzsentinel.com, retrieved 2016-03-02
  10. ↑ Security Alarm System Patents, www.google.com/patents/, retrieved 2006-10-03
  11. ↑ Method and apparatus for two-way communications amongst a plurality of communications devices Patents, www.google.com/patents/, retrieved 2005-09-06

External links

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