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(Reuters) -Industrial tools maker AMETEK will acquire FARO Technologies at an enterprise value of about $920 million, the two companies said on Tuesday, sending the target firm's shares soaring 36 ...
BERWYN, Pa., and LAKE MARY, Fla., May 6, 2025 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) and FARO Technologies, Inc. (Nasdaq: FARO) today announced that they have ...
Ametek's deal will add some 1,400 employees to its workforce of 21,000 across 30 countries. Local company acquired by Baltimore's largest architecture firm A year after Republic deal, Fulton ready ...
AMETEK (NYSE:AME) said it will acquire FARO Technologies (NASDAQ:FARO) for $44 per share in cash. The deal values FARO at an enterprise value of ~$920 million. The boards of directors of both ...
Faro Technologies rallied after the maker of 3D-measurement systems on Tuesday agreed to a buyout from rival Ametek for $920 million in cash. Shares of Lake Mary, Fla.-based Faro rose 34% to $42. ...
May 6 (Reuters) - Industrial tools maker AMETEK (AME.N), opens new tab will acquire FARO Technologies (FARO.O), opens new tab at an enterprise value of about $920 million, the two companies said ...
Under the agreement, AMETEK is offering $44 per share in cash, representing about a 40 per cent premium to FARO's last close. The equity valuation pegs FARO's market value at $846 million.
(Reuters) - Industrial tools maker AMETEK will acquire FARO Technologies at an enterprise value of about $920 million, the two companies said on Tuesday, sending the target firm’s shares soaring 36% ...