This caught me completely by surprise – FARO has just announced the acquisition of kubit. I think this has the potential to be a big win for the two companies and customers as well. These deals come down to culture and I think the fit is there with the two companies having technical roots in Germany.
“The acquisition of kubit is an exciting step in FARO’s strategy to develop integrated, disruptive 3D documentation product offerings for the Architecture, Engineering and Construction market,” stated Jay Freeland, FARO’s President and CEO. “By adding kubit’s products to our portfolio, customers now have significantly enhanced software options to serve a vast array of point cloud modelling, analysis needs, and measurement capabilities with very high connectivity to the Autodesk suite of products.”
More details to follow.