FARO® Expands Metrology and Factory Automation Offerings with Acquisition of BuildIT Software & Solutions Ltd.

Lake Mary, FL, July 2016 -  FARO® (NASDAQ:FARO), the world’s most trusted source for 3D measurement and imaging solutions for Metrology, Factory Automation, Product Design, Public Safety, BIM/CIM, and 3D Services applications, announces the acquisition of BuildIT Software & Solutions Ltd., a leader in process-configurable 3D metrology software solutions with hardware agnostic interfaces. FARO will introduce the configuration power of the BuildIT software in a new “Your Product, Your Process, Your Solution” campaign aimed at providing major customers with customizable, in-process solutions that integrate metrology devices and sensors from multiple manufacturers. 

Located in Montreal, Canada, BuildIT’s software is used daily on the production lines of 5 of the 10 largest aerospace and defense manufacturers. BuildIT’s software is hardware independent, giving customers the flexibility to utilize different hardware offerings to maximize productivity and efficiency. 

“The acquisition of BuildIT bolsters FARO’s complementary suite of software solutions for our metrology customers,” stated Dr. Simon Raab, FARO’s President and CEO. “By adding BuildIT to our metrology portfolio, our customers now have even greater software options for use in a variety of 3D metrology manufacturing applications to reduce inspection and assembly times and increase productivity. The BuildIT software suite is hardware agnostic. FARO recognizes that its Factory Automation and Metrology customers often integrate equipment from multiple vendors, and we are committed to providing valuable and configurable customer-specific solutions irrespective of metrology manufacturer mix.”

About FARO 

FARO is the world’s most trusted source for 3D measurement, imaging, and realization technology. The Company develops and markets computer-aided measurement and imaging devices and software. Technology from FARO permits high-precision 3D measurement, imaging and comparison of parts and complex structures within production and quality assurance processes. The devices are used for inspecting components and assemblies, rapid prototyping, documenting large volume spaces or structures in 3D, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes. 

FARO’s global headquarters are located in Lake Mary, Florida. The Company also has a new technology center and manufacturing facility consisting of approximately 90,400 square feet located in Exton, Pennsylvania, containing research and development, manufacturing and service operations of its FARO Laser TrackerTM and FARO Factory Array Imager product lines. The Company’s European regional headquarters is located in Stuttgart, Germany and its Asia Pacific regional headquarters is located in Singapore. FARO has other offices in the United States, Canada, Mexico, Brazil, Germany, the United Kingdom, France, Spain, Italy, Poland, Turkey, the Netherlands, Switzerland, India, China, Malaysia, Vietnam, Thailand, South Korea, and Japan. 

Further information:  www.faro.com/sg

 


Contact:

FARO Singapore Pte Ltd
Tel: +65.65111350
Email:  Email Contact




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