FARO Technologies, Inc (NASDAQ: FARO), the world's most trusted partner in 3D measurement, imaging and realization technologies, announces the acquisition of The CAD Zone, Inc, a leading provider of software for the law enforcement accident and crime scene reconstruction market. CAD Zone's point cloud software application will be integrated with FARO's 3D laser scanner technology to provide a turnkey solution for crime scene and other forensic applications in the US market.
FARO's sustained effort to expand into the $8.3 billion market for forensic and police analysis technologies is in line with its strategy of long-term expansion into key vertical markets with its disruptive technologies in metrology, imaging and 3D realization.
"We believe that CAD Zone's cutting-edge law enforcement software solutions will enable FARO to offer an attractive range of integrated 3D documentation products," said Jay Freeland, FARO's President and CEO. "This acquisition represents an important step in our strategic focus on penetrating key vertical markets that offer FARO the greatest commercial potential. Although the law enforcement vertical market is relatively small for FARO today, we believe there is a significant opportunity for a tailored 3D documentation solution. The acquisition of CAD Zone is an important step towards the creation of such a product range. "expand its presence in the law enforcement products and services market
Learn more: https://www.faro.com/fr-fr/actualite-et-evenements/communiques-de-presse/2014/08/01/faro-annonce-l-acquisition-de-the-cad-zone