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.

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