Ametek completes acquisition of Faro Technologies for $920M
Written by Emily J. Thompson, Senior Investment Analyst
Acquisition Details: Ametek has acquired Faro Technologies for $44.00 per share, totaling approximately $920 million, following shareholder and regulatory approvals.
Post-Acquisition Status: Following the merger, Faro's stock will no longer be traded on Nasdaq and it will operate under Ametek's Ultra Precision Technologies Division within the Electronic Instruments Group.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
