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FARO Technologies Acquires the CAD Zone

Published: Thursday, August 21, 2014 - 16:30

(FARO: Lake Mary, FL) -- FARO Technologies, Inc., known for its 3D measurement, imaging, and realization technology, has acquired The CAD Zone, Inc., a software provider in the law enforcement, accident, and crime-scene reconstruction market. CAD Zone’s point cloud software application will be integrated with FARO’s laser scanning technology to provide turnkey solutions for crime scene and other forensic applications.

FARO’s continued push into the $8.3 billion law-enforcement forensic technologies market supports its implementation of a long-term strategy of expansion into key vertical markets with its disruptive 3D metrology, imaging, and realization products.

“We believe CAD Zone’s leading software solutions for law enforcement will provide FARO with a compelling, integrated 3D documentation product offering,” says Jay Freeland, FARO’s president and CEO. “This acquisition is an important part of our strategic focus on penetrating key vertical markets that offer FARO the most market potential. Although law enforcement is a relatively small vertical market for FARO today, we believe it represents a significant opportunity for the right 3D documentation solution, and our acquisition of CAD Zone takes a major step forward in creating that offering.”

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FARO

FARO develops and markets computer-aided coordinate measurement and imaging devices and software. FARO’s portable equipment permits high-precision 3-D measurement, imaging, and comparison of parts and compound structures within production and quality assurance processes. The devices are used for inspecting components and assemblies, production planning, 3-D documentation, as well as for investigation and reconstruction of accident sites or crime scenes, and to generate digital scans of historic sites. Principal products include the FaroArm, the FARO Laser Tracker ION, FARO Laser ScanArm, FARO Laser Scanner, FARO Gage, and the CAM2 family of advanced CAD-based measurement and reporting software.