Deal closed Aug 2020 · Sweden Verified
FARO Technologies Acquires ATS AB
FARO Technologies Inc. announced it has acquired Advanced Technical Solutions in Scandinavia AB (ATS), a Swedish manufacturer of 3D digital twin solution technologies. The acquisition is expected to integrate ATS's Traceable 3D system into FARO's cloud platform, enhancing speed and accuracy for digital twin applications in industries like automotive and aerospace.
“FARO Technologies Inc., a manufacturer of 3D measurement, imaging, and realization solutions for 3D metrology; architecture, engineering, and construction (AEC); and public safety analytics, announced it has acquired Advanced Technical Solutions in Scandinavia AB (“ATS”), a Swedish-based manufacturer of 3D digital twin solution technologies.”
Entities
Advanced Technical Solutions in Scandinavia AB · Target
Other Sentiment: Positive
Source: www.achrnews.com
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