.
MergerLinks Header Logo

New Deal


Announced

Completed

FARO Technologies completed the acquisition of GeoSLAM for £22m.

Synopsis

FARO Technologies, a global technology company, completed the acquisition of GeoSLAM, a developer of 3D handheld mobile mapping systems, for £22m. “We are thrilled to add GeoSLAM’s handheld 3D scanning technology to our portfolio of cutting-edge data capture solutions. FARO now offers the industry’s broadest set of 4D data capture solutions, ranging from 3.6k camera-based images to mobile scanning, to stationary high-accuracy laser scanning, allowing customers to balance the need for accuracy, speed and detail depending on the requirements. These capture technologies provide the foundation for our 4D digital reality-based SaaS offering that will ultimately allow customers to access multiple 4D data sources for visualization and analysis through a single user experience. We welcome the GeoSLAM team to our FARO family," Michael Burger, FARO President and CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US