3D Systems Acquires Geomagic
February 27, 2013
3D Systems completed the acquisition of Geomagic, Inc. for $55 million in cash. The purchase adds Geomagic's 3D sculpting, modeling, scanning and inspection software to 3D Systems' portfolio, is expected to contribute about $17 million of revenue in 2013 and strengthens 3D Systems' 3D authoring platform and reseller coverage.
- Buyers
- 3D Systems
- Targets
- Geomagic, Inc.
- Industry
- Software
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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