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Faro acquires 3-D digital twin technology leader

Posted on 02 Sep 2020 and read 909 times
Faro acquires 3-D digital twin technology leaderUS-based Faro Technologies Inc, a global leader for 3-D measurement, imaging and realisation solutions for 3-D metrology, AEC (architecture, engineering and construction), and public safety analytics, has acquired Sweden-based Advanced Technical Solutions in Scandinavia AB (ATS), a leader in 3-D digital twin solution technology.

Founded in 1990, ATS has had particular success in the automotive space where the firm has agreements in place with several well-known global automotive manufacturers.

The acquisition will integrate ATS software and proprietary Traceable 3-D system, which enables highly accurate and repeatable 3-D scans, into the Faro Webshare Cloud platform. ATS’ system connects the physical to the digital world and is expected to bolster Faro’s ability to improve customers’ time to decision with 10-times faster 3-D imaging at up to 1mm accuracy.

Michael Burger, Faro president and CEO, said: “We believe this acquisition enables FARO with differentiated accuracy and speed, which we believe will accelerate the adoption of digital twin technology.

“High-accuracy 3-D digital twin simulations allow capital intensive industries such as automotive and aerospace to meaningfully reduce their time to market and cost.

“I welcome the ATS team into Faro and believe they will help accelerate our strategic objective of increasing cloud-based subscription offerings in this sizeable market.”

ATS CEO Göran Bergqvist said: “The ATS team is thrilled to join a 40-year global leader like Faro. Its technology and market presence provides the spring-board to the market adoption of Traceable 3-D.”

Bergqvist, who co-founded ATS, will continue to lead the ATS operation and its facility will also act as a Nordic sales and service center for Faro.

Faro is represented in the UK by its subsidiary Rugby-based Faro Technologies UK.