07:54 AM EDT, 05/06/2025 (MT Newswires) -- Ametek ( AME ) has entered into a definitive agreement to acquire all outstanding shares of Faro Technologies ( FARO ) for $44 per share in cash, a roughly 40% premium to Faro's closing price on May 5, the companies said Tuesday.

The deal values Faro at an enterprise value of about $920 million. The transaction is expected to be completed in H2, they said.