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Slide #31. 3D Systems — The Sugar Lab
Acquirer:
3D Systems (NYSE:DDD)
Acquiree:
The Sugar Lab
Details:
3D Systems (NYSE:DDD) announced today that it has acquired The Sugar Lab, a start-up micro-design firm based in Los Angeles, California, dedicated to 3D printing customized, multi-dimensional, edible confections in real sugar. The terms of the transaction were not disclosed. The Sugar Lab adopted 3D Systems' Color Jet Printing (CJP) technology to print on a sugar bed using different flavored edible binders that meet all food safety requirements. 3D Systems plans to immediately integrate The Sugar Lab 3D printing technique into its professional and consumer content-to-print platforms with a variety of production-quality applications as well as the ability to 3D print indulgences at home.
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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