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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