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Faro Technologies Inc (FARO), a subsidiary of AMETEK Inc, is a technology company that specializes in the design, development, manufacture, marketing, and supply of three-dimensional (3D) measurement, imaging, and realization solutions. It offers a range of hardware solutions, including 3D laser scanners, vantage laser tracker systems, projectors for the construction and manufacturing sectors, and measurement arms. FARO also offers software solutions, including FARO Zone 2D and 3D software, CAM2, BuildIT, As-Built, HoloBuilder, BuildIT construction, metrology and projector software, and RevEng software platform. The company’s 3D products and software solutions find application in the inspection of components and assemblies, reverse engineering, rapid prototyping, surveying and construction, assembly layout, construction management, machine guidance, and investigation and reconstruction of crash and crime scenes. It offers products in North America, Europe, Oceania, and Asia. FARO is headquartered in Lake Mary, Florida, the US.
Headquarters
United States of America
Address
125 Technology Park, Lake Mary, Florida, 32746-6204
Website
www.faro.com
Telephone
1 407 3339911
No of Employees
1,181
Industry
Technology and Communications
Revenue (2024)
$342.4M
Faro Technologies Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Laser Projectors | Technical Support | Cam2 |
| Scanners | Repair and Maintenance Support | FARO |
| Laser Trackers | FARO As-Built | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Ownership Changes | In July, the company was acquired by AMETEK Inc, a provider of industrial technology solutions. |
| 2025 | New Products/Services | In March, the company enhanced its product portfolio by upgrading its FARO Zone 3 D software suite with three distinct packages, including the new 3D Expert Plus. |
| 2025 | Contracts/Agreements | In February, the company and Topcon Corporation signed agreement to develop and distribute innovative solutions in the laser scanning market. |
Competitor Comparison
| Key Parameters | Faro Technologies Inc | Keyence Corp | Hexagon AB | Trimble Inc | AUTOMATED PRECISION INC. |
|---|---|---|---|---|---|
| Headquarters | United States of America | Japan | Sweden | United States of America | United States of America |
| City | Lake Mary | Osaka | Stockholm | Westminster | Rockville |
| State/Province | Florida | Osaka | - | Colorado | - |
| No. of Employees | 1,181 | 12,261 | 24,800 | 11,500 | - |
| Entity Type | Private | Public | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yuval Wasserman | Chairman | Executive Board | 2022 | - |
| Peter Lau | Chief Executive Officer; President; Director | Executive Board | 2023 | - |
| Matthew Horwath | Chief Financial Officer; Senior Vice President | Senior Management | 2024 | - |
| Jason Pollock | Chief Operating Officer | Senior Management | - | - |
| Oliver Zweigle | Senior Vice President - Engineering; Chief Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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