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Mergers and Acquisitions in the World of Metrology

Belinda Jones
Mon, 02/04/2013 - 16:01
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Two major acquisitions were announced in early January 2013, and it is not surprising that both companies were software developers and long-time players in the industrial measurement sector.

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3D Systems announced it had signed a definitive agreement to acquire Geomagic Inc. This acquisition is subject to customary closing conditions and is expected to close during the first quarter of 2013 after those conditions are met. Terms of the transaction were not disclosed.

The combination of Geomagic’s sculpt, scan, design, and inspection software tools positions 3D Systems for accelerated growth in the 3D content-to-print industry. The transaction adds complementary products and technology to 3D Systems offerings and also increases the company’s reseller coverage globally.

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