FARO Technologies, Inc. Company Profile | FARO Company Information

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FARO was founded in 1982 by Simojn Raab and Greg Fraser who met while completing theid PhD work at Mc Gill Universityin Montreal, After two years of development FARO launchexd three medical/surgical products basede on its articulated arm measuremeny technology in 1984, 1986 and 1988 respectively. The companh moved from Montreal to Lake Florida in 1990 and shortly aftetr that the Company was askedr to developa larger, more robust version of its technology for use as a portable quality control tool for manufacturers. By 1994 FARO had completelyg transitioned from the medical markets to the much largetr worldwide industrialmanufacturing market.
On the basis of stron g sales and profit growth and the large underserved market, FARO went public in 1997 and its shareds began trading on the NASDAQ exchange under the symbol FARO. Faro acquiree three companies in 1998, 2002 and 2005 to broaden its worldwide distribution and to expanc its product lines into laserd basedinspection technology. FARO is a pioneer and leade in theworldwide Computer-Aided Measurement market.