Faro Technologies, specializing in 3D measurement and imaging technologies, announced the acquisition of ATS (Advanced Technical Solutions), a Swedish specialist in digital twins.
Founded in 1990, ATS has achieved particular success in the automotive industry through agreements with several renowned global automotive manufacturers. The acquisition of the Swedish company will allow Faro Technologies to integrate ATS's Traceable 3D software into its Webshare Cloud platform. ATS 'system connects the physical world to the digital world and is expected to enable Faro to improve customer decision time with ten times faster 3D imaging with an accuracy of up to 1mm.
“We believe this acquisition will allow Faro to differentiate itself and accelerate the adoption of digital twin technology. High-precision 3D digital simulations allow industries such as automotive and aerospace to dramatically reduce their time to market and costs , said Michael Burger, president and CEO of Faro. I welcome the ATS team to Faro and have confidence that it will help accelerate our strategic goal of increasing cloud-based subscription offerings in this huge market. "
Göran L. Bergqvist, who co-founded ATS, will continue to lead ATS operations. The Swedish site will also act as a Nordic sales and service center for Faro.
Visit the site: