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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Wed., Mar. 4, 10:07 AM

Slide #3. FARO Technologies, Inc. kubit

Acquirer: FARO Technologies, Inc. (NASDAQ:FARO)
Acquiree: kubit
Details: FARO Technologies, Inc. (NASDAQ: FARO), the world's most trusted source for 3D measurement, imaging, and realization technology, announces the acquisition of kubit GmbH, a global leader in the development of software for surveying and as-built documentation. The acquisition also includes substantially all of the assets of its U.S. distributor kubit USA, Inc.

FARO Technologies designs, develops, manufactures, markets and supports portable, software driven, 3-D measurement and imaging systems used in a range of manufacturing, industrial, building construction and forensic applications. Co.'s FaroArm®, FARO Laser ScanArm® and FARO Gage articulated measuring devices, the FARO Laser Tracker Vantage™, the FARO Focus3D, the FARO 3D Imager AMP, and their companion CAM2® software, provide for Computer-Aided Design based inspection and/or factory-level statistical process control and surveying. Co. has three reportable segments based upon geographic regions: Americas, Europe/Africa and Asia Pacific.

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Company Name:  FARO Technologies Inc.
Sector:  Electronic Equipment & Products
Number of ETFs Holding FARO:  28
Total Market Value Held by ETFs:  $61.54M
Total Market Capitalization:  $1.04B
% of Market Cap. Held by ETFs:  5.92%

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March 4, 2015    10:07 AM Eastern
Quotes delayed 20 minutes

Hold (2.50 out of 4)
19th percentile
(ranked lower than approx. 81% of all stocks covered)
Based on Zacks ABR data;
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