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April 16, 2014
09:19 EDTDDD3D Systems to acquire Robtec, terms not disclosed
3D Systems announced that it entered into a definitive agreement to acquire Robtec. Headquartered in Sao Paulo, Brazil. Under the terms of the definitive agreement, 3DS will acquire 70% of the shares of Robtec at closing and the remainder of the shares on the 5th anniversary of the closing. The terms of the transaction have not been disclosed. The transaction provides 3DS with the strongest possible platform for its Quickparts fast-turn, custom manufacturing expansion plans in Latin America and multiplexes its in-region 3D printing and additive manufacturing reseller coverage.
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