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Cedip Infrared Systems

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Infrared imaging cameras and systems to industrial, research, medical and defense organizations

Croissy-Beaubourg, FranceFounded 1989Engineering and Manufacturing Equipment
Valuation $50–100M Last recorded · 2006
Total funding $10–50M Disclosed equity funding
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About Cedip Infrared Systems

In 1989, Pierre Potet founded Cedip Infrared Systems in Croissy-Beaubourg, France, establishing a company that would become a key player in high-performance thermal imaging. Cedip specialized in creating sophisticated infrared cameras, detectors, and software for a range of demanding sectors including research and development, defense, and industrial applications. The company developed a reputation for quality and innovation, building out a product line that served a global customer base. The company's trajectory took a significant turn in September 2007 when FLIR Systems, a major US-based competitor, announced its intent to acquire a controlling interest in the French firm. The deal was strategic for FLIR, aiming to expand its international distribution, gain a crucial European manufacturing and technology base, and incorporate Cedip's cooled mid-wave infrared camera technology into its portfolio. For the year ending December 31, 2006, Cedip had reported revenues of €18.2 million. The acquisition was finalized in January 2009. FLIR integrated Cedip’s camera operations into its Thermography Division, while Cedip's Swedish subsidiary, Polytech, which specialized in stabilized gimbal systems, was absorbed into FLIR's Government Systems Division. The original Cedip development center near Paris was designated to continue as a "center of excellence" for high-end camera systems within the larger FLIR organization, marking the end of Cedip's journey as an independent company and its absorption into a global industry leader.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1989
Headquarters
Croissy-Beaubourg, France
Open positions
None listed
Dealroom signal
14.7/100
Industry
Engineering and Manufacturing Equipment
Sector
Engineering and Manufacturing Equipment
Client focus
b2b
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Sep 2007 $0 — FLIR Systems —
LATE VC✓Equity / VC Jun 2006 $14M $55M Undisclosed —
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Investments and acquisitions

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Investors

1 investor on the cap table

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Other known investors1 additional known investor

  • FLIR Systems
Team profiled 1 named & role-tagged
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Global footprint

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Workforce by country
🇫🇷 France · Croissy-Beaubourg HQ
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