On July 12, 2016, FARO Technologies, Inc., announced the acquisition of BuildIT Software & Solutions Ltd.
US-based FARO, designs, develops, manufactures, markets, and supports software driven, three-dimensional (3D) measurement, imaging and realization systems.
BuildIT is a leader in process-configurable 3D metrology software solutions with hardware agnostic interfaces. Located in Montréal, the company’s software is used daily on the production lines of 5 of the 10 largest aerospace and defense manufacturers. BuildIT’s software is hardware independent, giving customers the flexibility to utilize different hardware offerings to maximize productivity and efficiency.
Miller Thomson advised BuildIT in this transaction with a team led by Philipp Park and that included Bruno Caron, Stéphanie Normandin and Isabella Covino (corporate/M&A) and David Schnurr (information technology).