AMETEK to Acquire FARO Technologies for $920M

AMETEK, a provider of industrial technology solutions, has entered into a definitive agreement to acquire FARO Technologies, a provider of 3D measurement and imaging solutions. FARO’s offerings include portable measurement arms, laser scanners and trackers, software solutions, and comprehensive service offerings.

Per the agreement, AMETEK will acquire all outstanding shares of FARO Technologies’ common stock for $44 per share in cash, valuing FARO at an enterprise value of ~$920 million. The boards of directors of both companies have unanimously approved the transaction. Pending customary closing conditions, applicable regulatory approvals, as well as approval of FARO Technologies shareholders, the transaction is expected to be completed in the second half of 2025.

Some of AMETEK’s previous acquisitions include EDAX, Navitar, RTDS Technologies, and Alphasense.

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About AMETEK Inc.

About FARO Technologies

Published: May 2025

Glossary

machine vision: Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
metrology: Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
scanner: 1. A device used to trace out an object and build up an image. One of the most common of these types is video scanning. The scanning takes place inside the television tube as electrons, guided by electron optics, sweep linearly across a tube face coated on the inside with a phosphorescent material. A scanner can convert a paper drawing or photograph into pixels on a display screen. Scanners are also used to relay information in optical data processing. 2. A device that automatically measures or...

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