FARO to be acquired for $920 million

FARO to be acquired for $920 million

May 6, 2025 | Hot Topics

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...
More earnings-apalooza: ANSYS, Trimble and FARO

More earnings-apalooza: ANSYS, Trimble and FARO

May 1, 2019 | Hot Topics

Sorry – no unifying theme for this afternoon’s earnings announcements from ANSYS, Trimble and FARO. ANSYS is the CAE powerhouse; Trimble makes design, measurement and other software used in the construction, mining, trucking and similar industries. Both...
More earnings-apalooza: ANSYS, Trimble and FARO

Quickies: Acquisitions continue in the PLMish world

Aug 29, 2016 | Hot Topics

Just because you’re lying on a beach, don’t assume everyone is. We’ve had a couple of acquisition announcements come across the transom in the last week, and they’re noteworthy. SofTech continues its shift in focus away from PLM. You may have...
Morning coffee: deals, cars and snowmelt. Yup.

Morning coffee: deals, cars and snowmelt. Yup.

May 27, 2014 | Hot Topics

So here we are, just a few days from June. Where does the time go? It’s full-on user conference season so there’s more to cover than ever — let’s get right to it. It’s the Economy … … And it continues to send and receive mixed signals....
AU: Intersection of CAM, clouds and reality

AU: Intersection of CAM, clouds and reality

Dec 13, 2013 | Hot Topics

Autodesk University 2013 was a huge, loud, in-your-face explosion of all things related to making stuff. In this context, “stuff” could be manufactured goods, buildings, bridges, movies or just about anything else you could imagine. I’ve written a...
Hexagon’s snaps up AHAB for surveying

Hexagon’s snaps up AHAB for surveying

Oct 8, 2013 | Hot Topics

It’s only Tuesday and Hexagon has already announced two acquisition this week! Yesterday, it was mining and Devex; today it’s GIS and Airborne Hydrography AB (AHAB), which develops and markets airborne laser survey systems for hydrographic (seabed) and...

Bentley showcases ‘extreme infrastructure’

Nov 23, 2011 | Hot Topics

Earlier in November, I was fortunate enough to attend Bentley Systems’ Be Inspired event in Amsterdam, where Bentley showcases the customer finalists in what could be termed “extreme infrastructure” –plants, buildings, roads, construction, utilities–...

AVEVA acquires Z+F UK

Oct 3, 2011 | Hot Topics

AVEVA today announced the acquisition of Z+F UK Limited, maker of the LFM software suite of 3D laser scanning software packages. AVEVA and Z+F UK have been partners for years, releasing increasingly sophisticated tools to integrate the output from laser scanning with...

Trimble intends to acquire Tekla

May 9, 2011 | Hot Topics

Trimble Navigation today announced that it was launching an effort to acquire all outstanding shares of Tekla Corporation. The offer as stated today is for €15.00 per share in cash for a total of €337 million (about $489 million). This is a premium of 52% to Friday’s...