Schnitger Corporation

Strategic Discovery — Market Research & Insight

FARO to be acquired for $920 million

News came this morning that AMETEK, Inc. is going to acquire all outstanding shares of FARO Technologies' common stock for $44 per share in cash, for a total of around $920 million -- and that per share price is roughly 40% above FARO's closing price on May 5, 2025....

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Hannover Messe: Manufacturing’s big show

Over the last few weeks, I've been briefed by a lot of PLMish companies about what they'd be showcasing at Hannover Messe, the giant trade fair in Germany that looks at all things smart manufacturing. Almost 130,000 people attended this year to hear from 4,000...

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PTC acquires IncQuery Group for ALM business

PTC also announced an acquisition today, one that appears more of a tuck-in than a new-industry-maker: It has acquired IncQuery Group, which offers application lifecycle management (ALM) and systems engineering products and services. Neil Barua, PTC's CEO, said, "The...

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Siemens + Altair = done deal

Finally! This morning, Siemens announced that it completed the acquisition of Altair Engineering for an enterprise value of $10 billion. Siemens' CEO Roland Busch said, "We welcome the Altair community of customers, partners and colleagues to Siemens ... Through the...

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