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Slide #13. 3D Systems — Xerox's Oregon Based Solid Ink Engineering and Development Teams
3D Systems (NYSE:DDD)
Xerox's Oregon Based Solid Ink Engineering and Development Teams
3D Systems (NYSE:DDD) announced today that it completed the acquisition of Xerox's solid ink engineering and development teams and state of the art development labs and relevant patent portfolio for $32.5 million in cash. The company expects the acquisition of these highly specialized printer design and material science teams together with their labs and relevant IP to catapult its printers' development and manufacturing capabilities a full decade forward and to substantially accelerate its revenue growth-rate over time.
3D Systems is a holding company. Through its subsidiaries, Co. provides 3D printing solutions, including 3D printers for plastics and metals, materials, software, on demand manufacturing services and digital design tools. Co.'s solutions support applications in a range of industries and verticals, including healthcare, aerospace, automotive and durable goods. Co.'s healthcare capabilities include simulation, Virtual Surgical Planning (VSP®), and printing of medical and dental devices, models, and surgical guides and instruments. Co. provides 3D printing technologies including Stereolithography, Selective Laser Sintering, Direct Metal Printing, MultiJet Printing and ColorJet Printing.
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Hold (1.83 out of 4)