3D Systems is 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. The acquisition is expected to be completed during the first quarter of 2013.
The combination of Geomagic’s sculpting, modelling, scanning and inspecting software tools with 3D Systems’ portfolio strengthens its 3D authoring platform and positions the company for accelerated growth in the fast-growing, 3D content-to-print space. “Geomagic represents the perfect strategic fit for us and we will be thrilled to welcome 3D pioneer and Geomagic Founder and CEO Ping Fu as our chief strategy officer once the deal has closed,” said Abe Reichental, president and CEO, 3D Systems. (for more, see page 38)
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