FARO

FARO Technologies, Inc. specializes in designing, developing, manufacturing, and marketing software-driven three-dimensional (3D) measurement and imaging solutions on a global scale. The company operates through three primary segments: 3D Manufacturing, Construction BIM, and Emerging Verticals. Its product offerings include the FaroArm, FARO ScanArm, FARO Design ScanArm 2.5C, FARO Laser Tracker, and FARO Focus laser scanner, all of which are designed for high-precision measurement and data collection in various industries. FARO's software solutions complement its hardware, enabling users to capture and manipulate both 3D and 2D data effectively. The company's technology serves a diverse range of applications, including manufacturing, architecture, surveying, building information modeling, construction, public safety forensics, and cultural heritage. Founded in 1981, FARO is headquartered in Lake Mary, Florida, with additional locations in Germany and Singapore, supporting a global customer base of approximately 15,000 users.

Matthew Horwath

Senior Vice President and CFO

Simon Blake-Wilson Ph.D

Vice President, Global Channel Development

13 past transactions

HoloBuilder

Acquisition in 2021
HoloBuilder Inc., based in San Francisco, is a construction technology company that specializes in artificial intelligence-driven software solutions for documenting construction site progress. Founded in 2015, HoloBuilder offers a web-based platform that leverages 360° imagery, computer vision, and virtual reality to provide comprehensive documentation and project management tools. The platform integrates seamlessly with Autodesk BIM 360, allowing users to capture and organize construction progress through photos linked to specific locations and times. This subscription-based service enables construction professionals, engineers, and clients to virtually visit project sites at any time, enhancing oversight and decision-making. HoloBuilder's technology is utilized by many of the largest general contractors in the United States, demonstrating its significant impact on the construction industry. The company has attracted investment from various venture capital firms, positioning itself as a leader in construction documentation solutions.

ATS

Acquisition in 2020
ATS has an extraordinary knowledge base of laser measurements, theoretical and practical, after years of field work. They are delighted to share this knowledge as a variety of solutions. ATS AB was founded in 1990. The company is marketing laser based 1D-2D-3D distance measurement instruments and systems for industrial applications. Key systems are different types of guidance, docking and navigation systems. Since 1997 They offer 2D & 3D high-accuracy scanning solutions in tunneling, mining, constructions, buildings and automotive & process industry. They provide scanning solutions of small and large objects for both reverse engineering and analysis purpose. Their own product range covers both software and hardware to support efficient and accurate measurement work. ATS is a proud Sales Agent of FARO Focus 3D Laser Scanner in Scandinavia. ATS is continuously developing methods as well as producing reference systems, accessories and Scene plugins, for the FARO Focus 3D Laser Scanner. Some of ATS’s clients are to be found among Surveyors, Architects, Engineering (on- and off shore), Automation industries, Tunnel builders and mining corporations.

Opto-Tech

Acquisition in 2018
Opto-Tech Srl, located in Rezzato, Italy, specializes in the manufacturing and marketing of optoelectronic products, particularly 3D structured light scanning solutions. The company produces advanced optical device machines and 3D scanners that are utilized in various applications, including 3D modeling, reverse engineering, and CAD-based design. These products serve a critical role in the product lifecycle management process, enabling users to efficiently create and manipulate digital representations of physical objects. As of mid-2018, Opto-Tech operates as a subsidiary of FARO Technologies, Inc.

Dustin Forensics

Acquisition in 2017
Dustin Forensics LLC, founded in 2002 and based in Adairsville, Georgia, specializes in the use, sale, and service of 3D scanning and imaging devices. The company operates as a subsidiary of FARO Technologies, Inc. and focuses on providing advanced digital forensic animation solutions. Dustin Forensics distributes three-dimensional scanning systems that are particularly valuable for public safety forensics. Their technology enables investigators to perform precise forensic tests, utilizing full motion computer graphics and 3D laser scans to create detailed deliverables for applications in architecture, engineering, construction, and crime investigation, including accident reconstruction and the visualization of crime scenes.

Nutfield Technology

Acquisition in 2017
Nutfield Technology, Inc. specializes in the design and manufacture of advanced optical scanning products, focusing on galvanometer-based scanners, scan heads, laser scan kits, and control electronics and software. Founded in 1997 and headquartered in Hudson, New Hampshire, the company serves a wide range of applications, including confocal microscopy, optical coherence tomography, and various laser processes such as marking, engraving, and cutting. Nutfield Technology provides its products through a network of distributors and has operations in the United States, Europe, and Asia. As of 2017, it operates as a subsidiary of FARO Technologies, Inc.

MWF-Technology

Acquisition in 2016
MWF-Technology GmbH, an innovator in mobile Augmented Reality (AR) solutions. MWF's breakthrough technology enables large, complex 3D CAD data to be transferred to a tablet device and then used for mobile visualization and comparison to real world conditions. This enables real time, actionable manufacturing insight for in-process inspection, assembly, guidance and positioning.

Laser Projection Tech

Acquisition in 2016
Laser Projection Technologies is a privately held corporation based in Londonderry, New Hampshire, specializing in the development of advanced 3D laser projection and measurement systems. The company focuses on manufacturing highly accurate, high-speed, long-range systems intended for precise component alignment in various manufacturing applications. Their innovative 3D laser projectors create a glowing template on the work surface, serving as a guide for operators, thereby eliminating the need for traditional assembly methods that rely on templates or rigid alignment tools. With a global presence, Laser Projection Technologies aims to enhance efficiency and accuracy in industrial processes through its cutting-edge solutions.

BuildIT Software & Solutions

Acquisition in 2016
BuildIT Software & Solutions is a prominent developer of 3D metrology software focused on precision measurement, engineering, and manufacturing applications. The company's flagship product interfaces with portable coordinate measurement machines (CMMs) to facilitate real-time part inspection, tool building, quality control, and automated inspection, as well as data capture for reverse engineering purposes. In addition to its standard software offerings, BuildIT also provides custom automation interfaces and bespoke stand-alone products tailored to specific client needs. This emphasis on flexibility and precision positions BuildIT Software & Solutions as a key player in the metrology industry.

kubit

Acquisition in 2015
kubit GmbH specializes in software development for capturing and documenting existing conditions within the AutoCAD environment. Founded in 1999 and based in Dresden, Germany, the company offers a range of products including TachyCAD for real-time surveying, PhoToPlan for image rectification, and PointSense for processing 3D laser scan data. Its solutions cater to various applications such as architecture, facility management, construction, and heritage conservation, allowing users to accurately capture and manage data from various hardware sources like laser scanners and GNSS receivers. kubit's software is designed to be hardware independent, providing flexibility for users to select their preferred equipment. In addition to software, the company offers training and operates as a reseller of 3D laser scanners, with a sales network across multiple regions including Europe, Asia, and the Americas. As of March 2015, kubit GmbH is a subsidiary of FARO Technologies Inc.

ARAS 360 Technologies

Acquisition in 2015
ARAS 360 Technologies Inc. develops a suite of accident and crime reconstruction software tools for police agencies and private reconstructionists in Canada. The company offers Reality, a 64-bit application capable of working in 2D, 3D, and point cloud environments to create realistic court-ready animations and diagrams; ARAS 360 HD, a crash and crime reconstruction software solution; ARAS HD CSI, a solution that enables to recreate crime scenes in 3D detail; ARAS Blitz, a rapid programming/2D forensic software package.

iQvolution

Acquisition in 2005
iQvolution, headquartered in Ludwigsburg, Germany, manufactures and supplies three-dimensional laser scanning products and services.

SpatialMetrix

Acquisition in 2002
SpatialMetrix Corporation engages in the manufacture and supply of laser trackers, metrology software, and contract inspection services.
CATS Computer Aided Technologies GmbH is to deliver world class CAD-based 3D measurement retrofit software, system level measurement, quality control, and dimensional statistical process control software, enabling integrated design and manufacturing to be performed.
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