Thanks for visiting Imaging and Machine Vision Europe.

You're trying to access an editorial feature that is only available to logged in, registered users of Imaging and Machine Vision Europe. Registering is completely free, so why not sign up with us?

By registering, as well as being able to browse all content on the site without further interruption, you'll also have the option to receive our magazine (multiple times a year) and our email newsletters.

E2v sells thermal imaging business for £3.5 million

Share this on social media:

British engineering firm Avon Rubber has acquired the trade and assets of e2v Technologies’ Argus thermal imaging camera business for £3.5 million. The acquisition was funded from existing debt facilities.

Argus thermal imaging cameras will add to Avon Rubber’s fire and first responder product range. As part of a division of e2v Technologies Argus does not produce stand alone audited accounts, however revenue in the last financial year was approximately £5 million.

Commenting on the purchase, Andrew Lewis, interim chief executive officer, said: ‘We expect the acquisition to be modestly earnings enhancing during the current financial year. The Argus team brings a wealth of technical expertise in this area which will generate longer term product development opportunities for the Protection and Defence business.’

E2v said the sale is part of the company's strategy to focus on its core customers, markets and opportunities, with the ongoing simplification of its operations.

Further information:

E2v Technologies

Avon Rubber

Recent News

06 December 2019

Cobey McGinnis at the University of North Carolina Charlotte has been recognised with the Norman Edmund Inspiration Award for work on a single-pixel hyperspectral camera

06 December 2019

Flir Systems has made a strategic investment in Providence Photonics, a provider of software used to quantify gas emissions

21 November 2019

Scientists at the Dresden University of Technology have developed a high-speed imaging technique able to analyse cell samples 10,000 times faster than conventional methods

19 November 2019

A project to improve vocational learning through an interactive, imaging-based workstation is underway in Germany, coordinated by Ludwig-Maximilians-University Munich