3D Systems to Acquire Geomagic
ROCK HILL,SC—3D Systems has signed a definitive agreement to acquire Geomagic Inc., a global provider of 3-D authoring solutions including design, sculpt and scan software tools that are used to create 3-D 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.
The combination of Geomagic’s powerful sculpting, modeling, scanning and inspecting software tools with 3-D Systems’ portfolio strengthens its 3-D authoring platform and positions the company for accelerated growth in the fast-growing, 3-D content-to-print space. The transaction adds complementary products and technology, increases the company’s reseller coverage globally and is expected to be accretive to its non-GAAP earnings in the first full year following the completion of transaction.