Brief: Faro Expands Digital Twin Product Suite - Acquires Holobuilder, Inc.
June 7 (Reuters) - FARO Technologies Inc FARO.O :
* FARO EXPANDS DIGITAL TWIN PRODUCT SUITE - ACQUIRES
HOLOBUILDER,
INC.
* FARO TECHNOLOGIES INC - HOLOBUILDER SHAREHOLDERS RECEIVED
A CASH
PAYMENT OF $34 MILLION
* FARO TECHNOLOGIES INC - TRANSACTION CLOSED ON JUNE 4 AND
WAS
FUNDED WITH AVAILABLE CASH RESERVES.
Source text for Eikon: ID:nPn30D0Wxa
Further company coverage: FARO.O
((Reuters.Briefs@thomsonreuters.com;))