FARO Technologies acquires ATS AB to accelerate adoption of digital twin technology

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Global leader for 3D measurement, imaging and realization solutions, FARO Technologies recently announced that the Company has acquired Advanced Technical Solutions in Scandinavia AB (“ATS”), a Swedish-based leader in 3D 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 3D system, which enables highly accurate and repeatable 3D 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 10x faster 3D imaging at up to 1mm accuracy.

“We believe this acquisition enables FARO with differentiated accuracy and speed, which we believe will accelerate the adoption of digital twin technology. High accuracy 3D digital twin simulations allow capital intensive industries such as automotive and aerospace to meaningfully reduce their time to market and cost,” said Michael Burger, FARO President & CEO. “I welcome the ATS team into FARO and believe they will help accelerate our strategic objective of increasing cloud based subscription offerings in this sizable market.”  

Göran L. Bergqvist, ATS CEO, added, “The ATS team is thrilled to join a 40-year global leader like FARO.  FARO’s technology and market presence provides the spring-board to the market adoption of Traceable 3D.” Bergqvist, who co-founded ATS, will continue to lead the ATS operation. The ATS Swedish facility will also act as a Nordic sales and service center for FARO.

About FARO:

FARO® is the leading global source for 3D measurement, imaging and realization technology for 3D Metrology, AEC (Architecture, Engineering and Construction) and Public Safety Analytics. For 40 years, FARO has provided industry-leading solutions that enable customers to quickly and easily measure their world, and then use that data to make smarter decisions faster. FARO continues to be a pioneer in bridging the digital and physical worlds through data-driven reliable accuracy, precision and immediacy. The Company develops and manufactures leading edge solutions that enable high-precision 3D capture, measurement and analysis.


Source: FARO Technologies-Press Release | Image Credit (representational): FARO Technologies

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