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

Past deals in CAD

SiteScape

Acquisition in 2022
SiteScape is a mobile and web portal application tailored for construction professionals, founded in 2020 and headquartered in New York. The company develops integrated software that bridges the physical and digital realms through accurate 3D scans captured using the latest iOS devices. This technology allows users to capture and share scale-accurate 3D scans, which streamline field measurements, site documentation, and CAD modeling. By enhancing project quality and efficiency, SiteScape aims to improve workflows for architecture, engineering, and construction professionals.

MWF-Technology

Acquisition in 2016
MWF-Technology GmbH is a developer of mobile augmented reality software solutions, primarily serving the automotive and aerospace industries. The company specializes in enabling the transfer of complex 3D computer-aided design (CAD) data to tablet devices, facilitating mobile visualization and comparison with real-world conditions. Its product offerings include the jipSystem, which allows users to access 3D data on iPads, and jipBase, a 3D engine for displaying CAD data in mechanical engineering and architecture. Additionally, MWF-Technology provides jipAR, an augmented reality system, along with mwfCooling software for designing cooling systems and mwfKSLCheck for KSL-compliant bill of material preparation. The company also offers hardware solutions, such as jipComp and jipLightBox, which enhance its mobile AR capabilities. Headquartered in Sankt Wendel, Germany, MWF-Technology operates as a subsidiary of FARO Technologies, Inc.

kubit

Acquisition in 2015
kubit GmbH specializes in developing software solutions for capturing, surveying, and documenting existing conditions within the AutoCAD environment. Established 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. Other notable solutions include VirtuSurv, MonuMap, DistToPlan, and hylasFM, which support various applications such as architecture, facility management, and construction. Kubit's software is designed to be hardware agnostic, allowing users the flexibility to integrate any preferred hardware. The company's offerings cater to a diverse clientele across multiple sectors, including archaeology, engineering, and security. Additionally, kubit provides training, total stations, and outdoor notebooks, and acts as a reseller of 3D laser scanners. Its global sales network extends across Europe, Asia, North America, and other regions.

CATS Computer Aided Technologies GmbH

Acquisition in 1998
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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