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Slide #51. 3D Systems — Geomagic, Inc.
3D Systems (NYSE:DDD)
3D Systems (NYSE:DDD) announced today that it has signed a definitive agreement to acquire Geomagic, Inc., a leading global provider of 3D authoring solutions including design, sculpt and scan software tools that are used to create 3D content and inspect products throughout the entire design and manufacturing process. This acquisition is subject to customary closing conditions, and is expected to close during the first quarter of 2013, after those conditions are met. Terms of the transaction were not disclosed.
3D Systems provides 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on demand manufacturing services and digital design tools. Co.'s solutions support applications in two key industry verticals: Healthcare, which includes dental, medical devices and personalized health services; and Industrial, which includes aerospace, defense, transportation and general manufacturing. Co. provides a range of 3D printers, materials, software, haptic design tools, 3D scanners and virtual surgical simulators. Co. markets its products and services in North America and South America, Europe and the Middle East and the Asia Pacific region.
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Hold (1.80 out of 4)