FARO Technologies, Inc.

FARO Technologies, Inc.

FARO Technologies, Inc.

Date Founded




Type of Company


Employees (Worldwide)



Industrial Machinery & Manufacturing
Electrical Products
Computer Software

Company Description

FARO Technologies, Inc. engages in the design, development, manufacture, marketing and support of three-dimensional (3D) measurement, imaging, and realization systems. It operates through the following segments: 3D Manufacturing, Construction BIM, and Emerging Verticals. The 3D Manufacturing segment provides solutions for manual & automated measurement and inspection in an industrial or manufacturing environment. The Construction BIM segment offers solutions for as-built data capturing and 3D visualization in building information modeling and construction information management applications. The Emerging Verticals segment includes product design, public safety forensics, and 3D solutions. The company was founded by Gregory A. Fraser and Simon Raab on February 21, 1981 and is headquartered in Lake Mary, FL.

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Executives & Employees

President & Chief Executive Officer

Chief Financial Officer & Principal Accounting Officer

Chief Operating Officer

Chief Information Officer

Chief People Officer

Chief Technology Strategist

Managing Director, Europe Region

Director, Talent & Organizational Development

Senior Vice President, Global Sales

Vice President, Corporate Marketing

Board of Directors

Executive Vice President & General Counsel at Johnson Controls, Inc.

Former President & Chief Executive Officer at SMTC Corp.

President at Les Investissements Seeonee, Inc.

Chief Executive Officer & President at 3D Systems Corp.

Director at Force Protection, Inc.

Former President & Chief Executive Officer at Tevet Process Control Technologies Ltd.

Former Executive Vice President of Engineering at Citrix Systems, Inc.

President & Chief Executive Officer at FARO Technologies, Inc.

Paths to FARO Technologies, Inc.
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Owners & Shareholders
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Royce & Associates invests clients’ assets primarily in the equity securities of US and foreign companies at all capitalization levels using its disciplined valuation-based investment approach. A significant portion of clients’ assets are invested in the securities of micro-, small-, and mid-cap companies. The firm employs active, bottom-up, risk-conscious, and fundamental investment approach. Royce & Associates’ investment styles focuses on companies with specific attributes including, attractive valuations, premium quality companies, or companies with significant growth potential.

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Segall Bryant & Hamill is an independent, employee-owned partnership located in Chicago, Illinois. SBH was established in 1994 by a group of investment professionals with over 20 years of prior experience working together. Today, we employ over 50 people and manage over $8 billion in assets, making SBH one of the fastest growing investment firms in the Midwest. Our Principals believe that quality investing is enhanced by a strong corporate culture that attracts the best talent. Today’s investment markets are increasingly intertwined, creating a need for information flow between our equity, fixed income and alternative teams. Our collegial atmosphere is a defining characteristic in our ability to provide investment excellence for our clients.

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Paradice Investment Management is an active, benchmark agnostic manager which seeks to deliver long-term compounding and capital protection for their investors. The firm seeks diversification across sectors and geographies. Their investment strategy is designed around a diversified portfolio of undervalued global securities, generally with a portfolio of approximately 40-80 investments. The firm employs fundamental, bottom-up investment process to build a diversified portfolio of undervalued global securities that exhibit four key characteristics: undervaluation, business quality, strong financial metrics, and shareholder friendly management teams.

Recent Transactions
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FARO Technologies, Inc. purchases Laser Control Systems Ltd.

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FARO Technologies, Inc. purchases Nutfield Technology, Inc. from The Venture Capital Fund of New England

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FARO Technologies, Inc. purchases MWF-Technology GmbH

Transaction Advisors

Advised onFARO Technologies, Inc. issued USD Common Stock

Advised onFARO Technologies, Inc. issued USD Common Stock

Advised onFARO Technologies, Inc. issued USD Common Stock

Advisors & Consultants

Chair, Litigation Department at Foley & Lardner LLP


Founding Member at Rollins College - Florida


Former Chief Financial & Accounting Officer at FARO Technologies, Inc.


The EADS Group is a global leader in aerospace, defence and related services, employing around 133,000 people at more than 170 sites worldwide. Facebook Twitter share + Developing sustainable aircraft, connecting people, observing and understanding Earth, and making the world a safer place: EADS does things that matter. Ever since its inception in 2000, EADS has constantly drawn from the strength that comes from integration. The Group brings together businesses that are market leaders in their own right, forming a collective driven by a single vision. EADS includes Airbus as the leading global manufacturer of the most innovative commercial and military aircraft, with Airbus Military covering tanker, transport and mission aircraft. Astrium, the European leader in space programmes and the third biggest space provider worldwide, is active in all space activities, from large-scale space systems to satellite services. Cassidian, worldwide leader in state-of-the-art solutions for armed forces and civil security worldwide, also makes EADS the major partner in the Eurofighter consortium and a stakeholder in the missile systems provider MBDA. Eurocopter is the world’s primary helicopter manufacturer in the civil sector, offering the largest civil and military helicopter range in the world. EADS — its people and its innovations — plays a role in creating some of the world’s biggest success stories, helping to make tomorrow’s technology a reality.

Ramkrishna Forgings Ltd. is a holding company, which engages in the manufacture of forgings. Its products include Rolled, Machined, Forged products and applications. The firm is a supplier to various sectors like Automotive, Railways, Farm Equipment, Bearings, Oil and Gas, Power and Construction, Earth Moving and Mining. The company was founded by Mahabir Prasad Jalan on November 12, 1981 and is headquartered in Kolkata, India.

The Government of the United States of America is the federal government of the republic of fifty states that constitute the United States, as well as one capital district, and several other territories. The federal government is composed of three distinct branches: legislative, executive and judicial, whose powers are vested by the U.S. Constitution in the Congress, the President, and the federal courts, including the Supreme Court, respectively.

Key Stats and Financials As of 2020
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Non-Profit Donations & Grants
Trimble Navigation Limited Industrial Machinery & Manufacturing - Sunnyvale, CA

Trimble Navigation Positioning-centric information is changing the way people, businesses and governments work throughout the world. By applying Trimble's advanced positioning solutions, productivity increases and safety improvements are being realized. Though best known for GPS technology, Trimble integrates a wide range of positioning technologies including GPS, laser, optical and inertial technologies with application software, wireless communications, and services to provide complete commercial solutions. Its integrated solutions allow customers to collect, manage and analyze complex information faster and easier, making them more productive, efficient and profitable. Trimble products are used in over 141 countries around the world. Employees in more than 30 countries, coupled with a highly capable network of dealers and distribution partners serve and support our customers. For over 34 years, Trimble has created unique positioning products that help customers grow their business. Our portfolio includes over 1,800 patents and serves as the basis for the broadest positioning offerings in the industry. Trimble augments its organic product development with strategic acquisitions to bring the latest positioning technologies to a wider market

Hexagon AB Industrial Machinery & Manufacturing - Stockholm, Sweden

Hexagon AB engages in the provision sensor, software and autonomous solutions. It operates through the Industrial Enterprise Solutions (IES), and Geospatial Enterprise Solutions (GES) segments. The IES segment consists of metrology systems that incorporate the latest in sensor technology for fast and accurate measurements, as well as CAD and CAM software. The GES segment has sensors for capturing data from land and air as well as sensors for positioning via satellites. The company was founded on August 29, 1975 and is headquartered in Stockholm, Sweden.

Gerber Scientific LLC Industrial Machinery & Manufacturing - Tolland, CT

Gerber Scientific LLC produces automated manufacturing systems for the sign making, specialty graphics and packaging, apparel and flexible materials and ophthalmic lens processing industries. It also serves fashion and apparel, transportation, aerospace and furniture industries. The company was founded by H. Joseph Gerber in 1968 and is headquartered in Tolland, CT.

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