Faro Technologies, a specialist in 3D measurement and imaging technologies, has announced the acquisition of ATS (Advanced Technical Solutions), a Swedish specialist in digital twins.
Founded in 1990, ATS has enjoyed particular success in the automotive sector, thanks to agreements with several of the world's leading automakers. The acquisition of the Swedish company will enable Faro Technologies to integrate ATS's Traceable 3D software into its Webshare Cloud platform. ATS's system links the physical and digital worlds, and should enable Faro to improve its customers' decision times thanks to 3D imaging that is ten times faster, with an accuracy of up to 1 mm.
"We believe this acquisition will differentiate Faro and accelerate the adoption of digital twin technology. High-precision 3D digital simulations enable industries such as automotive and aerospace to significantly reduce time-to-market and costs.said Michael Burger, President and CEO of Faro I welcome the ATS team to Faro and am confident that they will help accelerate our strategic goal of increasing cloud-based subscription offerings in this sizeable market."
Göran L. Bergqvist, who co-founded ATS, will continue to manage ATS operations. The Swedish site will also act as Faro "s Nordic sales and service center.
Visit the site:
https://www.faro.com