AMETEK Finalizes $920 Million Acquisition of FARO Technologies
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AMETEK Finalizes $920 Million Acquisition of FARO Technologies
BERWYN, PA — AMETEK, Inc. (NYSE: AME) has officially completed its acquisition of FARO Technologies, Inc. in a deal valued at approximately $920 million in cash, net of cash acquired. The transaction, which was approved by FARO shareholders and cleared by regulators, involved a purchase price of $44.00 per share. As a result, FARO’s common stock has been removed from the Nasdaq exchange. FARO Technologies, a leader in 3D metrology and digital re…
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