FARO Announces Acquisition of The CAD Zone

FARO Technologies, Inc. (NASDAQ: FARO), the world's leading partner in 3D measurement, imaging and production technologies, announces the acquisition of The CAD Zone, Inc., a leading provider of software for the law enforcement crash 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 applications and other forensic applications in the U.S. market.

FARO's continued effort to expand into the $8.3 billion forensic and police analysis technology market is part of its long-term expansion strategy to key vertical markets with its breakthrough technologies in metrology, imaging and 3D realization.

"We believe THAT CAD Zone's state-of-the-art law enforcement software solutions will enable FARO to offer an attractive range of integrated 3D documentation products," said Jay Freeland, President and CEO of FARO. "This acquisition represents an important step in our strategic focus on penetrating key vertical markets with the best business potential for FARO. Although the vertical law enforcement market is relatively small for FARO today, we believe there is a significant opportunity for a suitable 3D documentation solution. The acquisition of CAD Zone is an important step towards the creation of this product line. "expanding its presence in the market for law enforcement products and services

Read more: https://www.faro.com/fr-fr/actualite-et-evenements/communiques-de-presse/2014/08/01/faro-annonce-l-acquisition-de-the-cad-zone