Tag: 3D Systems

3D Systems to acquire Phenix for direct metal printing

3D Systems to acquire Phenix for direct metal printing

The buyout will take place in stages, and could cost up to $15.7 million for an initial 80 percent stake. The move strengthens 3D systems in aerospace, automotive, and health care manufacturing. 3D Systems announced today it has agreed to acquire approximately 80% of Phenix Systems, a provider of direct metal selective laser sintering 3D printers [...]

Star Trek 3DMe app creates personalized 3D printed characters

Star Trek 3DMe app creates personalized 3D printed characters

Cubify.com is the new online home of printing Star Trek themed figurines. Star Trek fans have a new way to express their love for the enduring science fiction franchise—create a figurine of themselves as a Star Trek character. 3D Systems today launched a 3D printing-based app, Star Trek 3DMe, to create customized 3D printed products [...]

3D Systems acquires 3D printing services group PRDG

3D Systems acquires 3D printing services group PRDG

The new capabilities will expand the QuickParts division. 3D Systems raises its financial guidance for 2013.   3D Systems (DDD: NYSE) today acquired Rapid Product Development Group (RPDG), a provider of on-demand additive fabrication and traditional manufacturing services. The purchase price was not disclosed. Privately held RPDG is based in San Diego and has more than [...]

3D Systems revenue rises 31% on strong printer sales

3D Systems revenue rises 31% on strong printer sales

A variety of new products in the quarter stimulated demand. Healthcare sales now account for 13% of revenue. 3D printing ecosystem vendor 3D Systems (DDD: NYSE) reported a 31% increase in revenue for the first quarter of 2013, based on strong growth in 3D printer sales. Several new products were introduced during the quarter, boosting [...]

Post-merger Stratasys reports strong fourth quarter revenue

Post-merger Stratasys reports strong fourth quarter revenue

Expenses due to the Objet merger forced Stratasys to post a fourth quarter net loss.   Stratasys (NASDAQ: SSYS) turned in solid numbers for its first quarter of operation following its late 2012 merger with Objet Ltd. Combined revenue for the fourth quarter of 2012 (ended December 31, 2012) was $96.4 million, up 23% compared [...]

3D Systems pays $55 million for Geomagic

3D Systems pays $55 million for Geomagic

The two leading software platforms for 3D scan-to-digital now belong to 3D Systems. 3D Systems (NYSE:DDD) says today it has completed its acquisition of Geomagic for $55 million in cash. Geomagic is a leading provider of 3D authoring solutions and a specialist in converting 3D scan data into models for use in a wide range of [...]

By February 27, 2013 1 Comments Read More →
3D Systems revenue sets quarterly and yearly records

3D Systems revenue sets quarterly and yearly records

Demand for industrial printers surged in 2012. Geomagic is expected to contribute $17 million revenue in 2013 post-acquisition.   3D Systems Corporation (NYSE: DDD) is reporting record results for both the fourth quarter and all of fiscal 2012. For the quarter ending December 31, 2012 revenue was $101.6 million. Printer and other product revenue rose [...]

By February 25, 2013 0 Comments Read More →
3D Systems declares a stock split

3D Systems declares a stock split

The high-flying 3D printer manufacturer wants to make it easier for investors to buy the stock. Could the split be timed to help the Geomagic acquisition? 3D Systems (NYSE:DDD) has declared a three-for-two split of the company’s common stock. On February 22, 2013, each stockholder of record at the close of business on February 15, 2013 will [...]

Geomagic refreshes digital reality product line

Geomagic refreshes digital reality product line

On the cusp of becoming part of 3D Systems, the 2013 product updates extends functionality deeper into scan/probe, shape editing, and data interoperability. This week Geomagic releases its 2013 product line refresh, the last time it will do so before becoming part of the growing 3D Systems empire later this quarter. All its major products [...]

Geomagic/3D Systems deal accelerates the digital reality revolution

Geomagic/3D Systems deal accelerates the digital reality revolution

3D Systems, Stratasys, and EOS divvy up competitive territories. 3D Systems makes bid for Geomagic and expands software play. By Kathleen Maher The revolution continues at break­neck speed. In the field of digital reality, a term used to define the intersection where digital design, information capture, and additive man­ufacturing come together, there is increas­ing specialization [...]