M&A Deal Summary

FARO Acquires ARAS 360 Technologies

On February 5, 2015, FARO acquired software company ARAS 360 Technologies

Acquisition Highlights
  • This is FARO’s 2nd transaction in the Software sector.
  • This is FARO’s 1st transaction in Canada.
  • This is FARO’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2015-02-05
Target ARAS 360 Technologies
Sector Software
Buyer(s) FARO
Deal Type Add-on Acquisition

Target

ARAS 360 Technologies

Kamloops, British Columbia, Canada
ARAS 360 Technologies, Inc. is a developer of accident and crime reconstruction, simulation and animation software.

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Buyer(S) 1

Buyer

FARO

Lake Mary, Florida, United States
Category Company
Founded 1981
Sector Technology Hardware
Employees1,243
Revenue 359M USD (2023)
DESCRIPTION

FARO is a provider of portable CMMs (coordinate measuring machines) and 3D imaging devices to solve dimensional metrology problems. FARO was incorporated in 1981 and is based in Lake Mary, Florida.

DEAL STATS #
Overall 4 of 14
Sector (Software) 2 of 4
Type (Add-on Acquisition) 3 of 13
State (British Columbia) 1 of 1
Country (Canada) 1 of 2
Year (2015) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 The CAD Zone

Beaverton, Oregon, United States

The CAD Zone, Inc. is a software provider in the law enforcement accident and crime scene reconstruction market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-03 kubit

Dresden, Germany

kubit GmbHkubit GmbH is a developer of software for surveying and as-built documentation.

Buy -
Mergr

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