AMETEK Completes Acquisition of FARO Technologies, Strengthening Leadership in 3D Metrology, Laser Projection & Digital Reality Solutions
Rhea-AI Summary
AMETEK (NYSE:AME) has completed the acquisition of FARO Technologies (NASDAQ:FARO), a global leader in 3D measurement and imaging solutions. FARO will join AMETEK's Ultra Precision Technologies Division alongside Creaform and Virtek, creating one of the industry's most comprehensive portfolios of 3D metrology, laser projection, and digital reality solutions.
The strategic combination brings together expertise across multiple sectors including industrial manufacturing, architecture, engineering, construction, and public safety. The merged portfolio encompasses portable measurement arms, 3D scanners, laser trackers, and integrated inspection software. While the brands will operate independently, they will collaborate to enhance product integration and expand service capabilities.
Positive
- Strategic consolidation creates one of the most comprehensive 3D metrology and laser solution portfolios in the industry
- Enhanced market presence across multiple sectors including industrial manufacturing, AEC, and public safety
- Potential for increased innovation and product integration through brand collaboration
- Expanded service capabilities and customer reach through combined operations
Negative
- Potential integration challenges between three independent brands
- Risk of organizational overlap and operational redundancies
Insights
AMETEK's acquisition of FARO creates an industrial metrology powerhouse, combining complementary 3D measurement technologies and expanding market reach.
AMETEK has completed its acquisition of FARO Technologies, integrating the company into its Ultra Precision Technologies Division alongside Creaform and Virtek. This strategic combination creates one of the industry's most comprehensive portfolios of portable and automated 3D metrology, laser projection, and digital reality solutions.
The acquisition brings together highly complementary technology portfolios. FARO contributes its expertise in portable measurement arms, 3D laser scanners, laser trackers, and optical CMMs. These technologies now join Creaform's established 3D scanning solutions and Virtek's laser projection systems, creating a remarkably complete ecosystem of measurement technologies under one corporate umbrella.
This consolidation targets multiple high-value industrial sectors, including automotive manufacturing, aerospace, energy, and construction. The combined entity gains particular strength in the Architecture, Engineering, and Construction (AEC) segment through FARO's specialized scanning solutions for as-built documentation and BIM integration.
The deal follows a pattern of strategic acquisitions by AMETEK to build comprehensive technology platforms within specialized industrial niches. By maintaining independent brand operations while encouraging collaboration, AMETEK can preserve customer relationships while pursuing cross-selling opportunities and technological integration between the three businesses.
For FARO shareholders, the completed acquisition represents the culmination of a transition period, with leadership expressing optimism about innovation opportunities within the AMETEK corporate structure. For customers, the combination potentially offers access to a wider range of compatible measurement technologies and expanded service capabilities, though integration will take time to fully materialize.
LAKE MARY, Fla., July 21, 2025 (GLOBE NEWSWIRE) -- AMETEK, Inc. today announced that it has completed its acquisition of FARO Technologies, a global leader in 3D measurement and imaging solutions. FARO will join Creaform and Virtek as part of AMETEK’s Ultra Precision Technologies Division.
Together, FARO, Creaform, and Virtek now offer one of the most comprehensive, powerful, and trusted portfolios of portable and automated 3D metrology, laser projection and digital reality solutions available in the industry. This strategic acquisition brings together decades of innovation and expertise to serve a wide range of applications and industries, including:
- Industrial Manufacturing: Portable measurement arms, handheld 3D scanners, laser trackers, optical CMMs, photogrammetry cameras, and fully integrated inspection and scan-to-CAD software for quality control and reverse engineering in automotive, aerospace, energy, heavy equipment and other industrial sectors.
- Architecture, Engineering, and Construction (AEC) / Public Safety: Mobile and fixed 3D laser scanners and SaaS collaboration & viewing solutions that enable accurate as-built documentation, construction progress verification, BIM integration, as well as forensics and public safety applications.
- Manufacturing & Assembly: 3D laser projectors and smart cameras that support complex assembly processes and improve manufacturing efficiency and quality.
While each brand will continue to operate independently, they will increasingly collaborate to deliver unmatched customer experiences, enhanced product integration, and expanded service capabilities for both existing and new customers.
“We are excited to join the AMETEK family,” said Peter Lau, President and CEO of FARO Technologies. “This partnership opens new opportunities for innovation and growth, and we’re excited to work alongside Creaform and Virtek to deliver even greater value to our customers.”
“Bringing together these three industry leaders allows us to offer a truly unique and powerful suite of solutions,” added Fanny Truchon, President of Creaform. “We look forward to collaborating more closely to push the boundaries of what’s possible in 3D metrology, laser scanning and laser projection.”
For more information, please visit:
About FARO
For more than 40 years, FARO has provided industry-leading technology solutions that enable customers to measure their world, and then use that data to make smarter decisions faster. FARO continues to be a pioneer in bridging the digital and physical worlds through data-driven reliable accuracy, precision, and immediacy. For more information, visit www.faro.com.
Press office: Media@faro.com
Attachments
Shelley Gretlein, Senior Vice President, Building Insights FARO Technologies, Inc. +1 407-562-5005 media@faro.com
FAQ
What companies did AMETEK acquire in the 3D metrology space?
What industries will the AMETEK-FARO acquisition serve?
What products are included in the AMETEK-FARO merger portfolio?
How will FARO operate under AMETEK's ownership?
Who are the key executives involved in the AMETEK-FARO merger?
