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FARO Technologies Value Stock - Dividend - Research Selection

Faro technologies

ISIN: US3116421021 , WKN: 909382

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Description of the company

FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven, three-dimensional (3D) measurement, imaging, and realization systems. The company offers FaroArm, a combination of six or seven-axis, articulated measurement arm, a computer, and CAM2 software programs; and FARO ScanArm, a FaroArm equipped with a hard probe and non-contact laser line probe to measure products. It also provides FARO Gage, a combination of an articulated arm device with a computer and software; FARO Laser Tracker that combines a portable laser measurement tool, a computer, and CAM2 software programs; FARO Cobalt Array Imager, a metrology-grade structured light imager; FARO Tracer, which projects a laser line onto a surface or object; and FARO Focus laser scanner to measure and collect a cloud of data points. In addition, the company offers FARO Scanner Freestyle3DX, a handheld scanner that documents rooms, structures, and objects in 3D, as well as creates high-definition point clouds; and FARO Software, a proprietary computer-aided design-based measurement and laser scanner software. FARO Technologies, Inc. offers its products for manufacturing, industrial, architecture, surveying, building information modeling, construction, public safety, cultural heritage, and other applications. The company sells its products in Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Malaysia, Mexico, the Netherlands, Poland, Portugal, Singapore, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, the United Kingdom, and the United States. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

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NEWS


Honeywell Appoints Peter Lau to Lead Industrial Automation

2025-08-22
Honeywell (NASDAQ: HON) today announced the appointment of Peter Lau as President and CEO of its Industrial Automation business, effective October 15, 2025.

Ametek raises annual profit forecast on steady demand in electromechanical unit

2025-07-31
Industrial tools maker Ametek raised its annual profit forecast on Thursday, after beating second-quarter estimates, benefiting from steady demand in its electromechanical segment (EMG) and its recent acquisition of FARO Technologies. Shares of Ametek, which makes testing and measurement instruments, medical devices as well as automation solutions, rose about 6% in early trading following the results. Quarterly sales at the electromechanical unit, which produces specialized motors, sensors and motion control systems used across industrial and aerospace markets, rose 6% to $618.5 million from a year ago.

AMETEK Completes Acquisition of FARO Technologies, Strengthening Leadership in 3D Metrology, Laser Projection & Digital Reality Solutions

2025-07-21
Virtek Laser Up-close projection technology with a Virtek Laser FARO Blink Imaging Laser Scanner Construction worker scanning with Blink LAKE MARY, Fla., July 21, 2025 (GLOBE NEWSWIRE) -- AMETEK, Inc. today announced that it has completed its acquisition of FARO Technologies, a global leader in 3D measurement and imaging solutions. FARO will join Creaform and Virtek as part of AMETEK’s Ultra Precision Technologies Division. Together, FARO, Creaform, and Virtek now offer one of the most comprehen

AMETEK Completes Acquisition of FARO Technologies

2025-07-21
AMETEK, Inc. (NYSE: AME) today announced that it has completed its acquisition of FARO Technologies, Inc. for $44.00 per share in cash, or approximately $920 million, net of cash acquired. The completion of the transaction follows approval from FARO shareholders and the receipt of all regulatory approvals. As a result of the completion of the merger, the common stock of FARO will no longer be listed for trading on Nasdaq.

FARO Technologies: A Strategic Pivot That Fell Short

2025-07-19
AMETEK acquires Faro at $44/share, a 40% premium, offering shareholders a lucrative exit amid Faro's struggles with losses and underperformance. See more on FARO.

3 Reasons FARO is Risky and 1 Stock to Buy Instead

2025-07-18
FARO has had an impressive run over the past six months as its shares have beaten the S&P 500 by 35%. The stock now trades at $43.80, marking a 39.1% gain. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

FARO Shareholders Overwhelmingly Approve Proposed Merger with AMETEK

2025-07-15
LAKE MARY, Fla., July 15, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (Nasdaq: FARO) (the “Company” or “FARO”), a global leader in 4D digital reality solutions, today announced that at the Company’s Special Meeting of Shareholders (the “Special Meeting”), FARO shareholders approved the previously announced acquisition of the Company by AMETEK, Inc. According to the preliminary results, over 99% of votes cast at the Special Meeting by all shareholders were voted in favor of the merger agree

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FARO Technologies, Inc.(NasdaqGS: FARO) added to Russell 3000 Growth Index

2025-06-30
FARO Technologies, Inc. added to Russell 3000 Growth Index...

FARO Technologies, Inc.(NasdaqGS: FARO) added to Russell Small Cap Comp Growth Index

2025-06-30
FARO Technologies, Inc. added to Russell Small Cap Comp Growth Index...