Add-on Acquisition • Technology Hardware

FARO Acquires Opto-Tech s.r.l.

On July 16, 2018, FARO acquired technology hardware company Opto-Tech s.r.l.

Acquisition Context
  • This is FARO’s 4th transaction in the Technology Hardware sector.
  • This is FARO’s 1st transaction in Italy.

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M&A Deal Summary

Date July 16, 2018
Target Opto-Tech s.r.l.
Sector Technology Hardware
Buyer(s) FARO
Deal Type Add-on Acquisition

Target Company

Opto-Tech s.r.l.

Brescia, Italy
Opto-Tech s.r.l. is a provider of compact, 3D structured light scanning solutions that specifically enable dentists, dental technicians and orthopedics to leverage the 3D world for the creation of crowns, implants and prosthesis. Opto-Tech is based in Brescia, Italy.
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Buyer Overview 1

Buyer

FARO

Lake Mary, Florida, United States

Category Company
Founded 1981
Sector Technology Hardware
Employees1,181
Revenue 342M USD (2024)
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 Context for Buyer #
Overall 11 of 14
Sector: Technology Hardware 4 of 4
Type: Add-on Acquisition 10 of 13
Country: Italy 1 of 1
Year: 2018 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-09 Lanmark Controls

Acton, Massachusetts, United States

Lanmark Controls, Inc. is a provider of high-speed laser marking control boards and intuitive, user-friendly laser marking software enabling integrators and product managers to develop high performance laser marking products. Lanmark Controls was founded in 2006 and is based in Acton, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-21 ATS AB

Mölndal, Sweden

ATS AB (Advanced Technical Solutions) engages in 3D digital twin solution technology. ATS has particular success in the automotive space where the firm has agreements in place with several well-known global automotive manufacturers. ATS AB (Advanced Technical Solutions) was founded in 1990 and is based in Mölndal, Sweden.

Buy -