FARO Acquires SiteScape, a Leader in LiDAR Based Scanning Software

FARO Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the acquisition of SiteScape, an innovator in LiDAR 3D scanning software solutions for the AEC and O&M markets. SiteScape enables LiDAR equipped mobile devices to easily capture indoor spaces digitally, providing a readily available entry-point to scanning physical spaces for a broad range of applications.

Integrating SiteScape's iOS-enabled low-resolution LiDAR capture capability into the FARO Sphere Platform is a further step in streamlining multiple capture methods into a centralized environment to be accessed in a single environment on a single coordinate system. This unique capability enables FARO's construction and facilities customers to access the widest portfolio of reality capture methods in the market, which now ranges from low-resolution Lidar, 360 degree photo, video, mobile mapping and terrestrial laser scanning.

"We are pleased to add SiteScape and its groundbreaking 3D LiDAR scanning software to our portfolio of reality capture solutions," said Michael Burger, FARO President and CEO. "With millions of LiDAR enabled mobile devices already in the market, the addition of SiteScape opens up a significant population of users to the benefits of FARO's reality capture solutions."

"I'm excited to add SiteScape's proprietary software to the FARO family of cloud-based offerings. FARO accelerates our vision of enabling a broad set of customers with the ability to gain critical insights from their digital reality environments," added Andy Putch, SiteScape CEO.