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AMETEK to Acquire FARO Technologies
AMETEK, Inc. (NYSE: AME) and FARO Technologies, Inc. (Nasdaq: FARO) today announced that they have entered into a definitive agreement under which AMETEK will acquire all outstanding shares of FARO Technologies common stock for $44 per share in cash, which represents an approximate 40% premium to FARO’s closing price on May 5, 2025. The transaction values FARO at an enterprise value of approximately $920 million. The boards of directors of both companies have unanimously approved the transaction.
New PRESTO Quality Stations Redefine Smart Inspection Workflows
Providing major advances in high-resolution scanning for faster, highly versatile manufacturing quality control, Hexagon’s Manufacturing Intelligence division has announced the launch of two major advances in automated large-component quality inspection that make its turnkey PRESTO Quality Stations accessible to manufacturers that need to improve productivity but face budget and skills constraints.
LK Metrology offers affordable CMM change racks
LK Metrology has unveiled its new range of change racks for coordinate measuring machines (CMMs). Typically, good quality rack solutions are quite expensive, which is an issue that the company is trying to resolve with its latest launch
Benefits of Adopting Standard Inspection Tools Across Manufacturing
Ultimately, standardized software and modular platforms don’t just improve inspection—they help manufacturers thrive in the face of industry-wide challenges.
Hexagon and SEAT S.A. partner to transform manufacturing efficiency and accelerate the industrialisation of new cars
Hexagon, a world leader in digital reality solutions that combine sensors, software and autonomous technologies, has expanded its collaboration with the automotive manufacturer SEAT S.A., building upon a 25-year partnership working with its Manufacturing Intelligence division.
Why do you Drill Holes in your Turbine Blades
It's just the way life goes: You have a super important task and nobody knows about it. The best example is cooling holes in turbine blades. Very few people even know that they exist. Let alone what they are used for. Yet it is precisely these cooling holes that not only increase efficiency but also save lives in the aviation industry.