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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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October 13, 2015
05:55 EDTDDDPiper Jaffray's 3D printing survey 'once again discouraging'
Piper Jaffray analyst Troy Jensen says his firm's survey of 73 3D printing resellers was "once again discouraging" with the number of below plan responses out numbering above plan responses in Q3. On the positive side, the analyst saw a sequential improvement from the Q2 survey results for Stratasys (SSYS) system demand. On the negative side, the analyst says 3D Systems (DDD) system demand appears to have "remained challenged" in Q3. Channel checks point to demand for Stratasys' products beginning to reaccelerate, Jensen tells investors in a post-survey research note. However, his channel works points to continued "unhappy channel partners and system quality issues" for 3D Systems. The company has a long way to go until these issues will be fully resolved, he cautions. Jensen has Overweight ratings on Stratasys, voxeljet (VJET) and Materialise (MTLS), and a Neutral rating on 3D Systems.
October 5, 2015
09:05 EDTDDD3D Systems announces partnership with Penn State
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