Software from the CAM, mold, and tool-and-die software expert will be adapted for 3D printing. 3D printer manufacturer 3D Systems (NYSE: DDD) today announced a definitive agreement to acquire all outstanding shares of CAM software developer Cimatron (NASDAQ: CIMT) in a deal valued at approximately $97 million. Cimatron software support computer aided milling and … [Read more...] about 3D Systems to acquire Cimatron for $97 million
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New 3D Systems ProX 400 offers high-capacity metal printing
Sometimes, you just gotta have metal; the ProX 400 should debut to high demand. 3D Systems is introducing its latest industrial direct metal printing (DMP) system, the ProX 400. Designed for creating high-quality end-use metal parts, the ProX 400 can create parts up to 500 X 500 X 500 mm3 (19 11/16 inches each dimension) without the complexity of multi-step machining or the … [Read more...] about New 3D Systems ProX 400 offers high-capacity metal printing
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 sales volume. Net income dropped … [Read more...] about 3D Systems revenue rises 31% on strong printer sales
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 product development tasks. Geomagic … [Read more...] about 3D Systems pays $55 million for Geomagic
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 93% while organic … [Read more...] about 3D Systems revenue sets quarterly and yearly records
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 receive one additional share for … [Read more...] about 3D Systems declares a stock split
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 … [Read more...] about Geomagic/3D Systems deal accelerates the digital reality revolution
3D Systems to acquire Geomagic
Making good on its recently announced fifth growth initiative, 3D Systems will own the top two technologies for scan-to-CAD. 3D Systems (NYSE:DDD) today announced it will acquire Geomagic, Inc., provider of 3D authoring products for turning 3D scan data into 3D content for product design and inspection. Geomagic made news recently with the announcement of Spark, a new … [Read more...] about 3D Systems to acquire Geomagic
3D Systems reports strong second quarter growth
Sales of 3D printer units more than doubled from a year earlier. 3D Systems Corporation (NYSE: DDD) has released its second quarter results, with revenue up 52% from a year earlier. While much of the growth came through acquisition, 3D Systems says organic revenue—extracting new revenue sources—was up 20% from 2Q2011. Total revenue was $83.6 million, led by a 112% … [Read more...] about 3D Systems reports strong second quarter growth
3D Systems acquisitions propel 63% revenue growth in first quarter
Without the new stuff, revenue was still up 26% from 1Q2011. 3D Systems sees strong pent-up and unmet demand for its products and services in all categories. 3D Systems Corporation (NYSE: DDD) announced a strong first quarter of 2012, with revenue of $77.9 million, up 63% from a year ago. Printer units sold grew by 153% compared to 1Q2011. Acquisitions made in the last six … [Read more...] about 3D Systems acquisitions propel 63% revenue growth in first quarter