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Stock Market & Financial Investment News

News Breaks
July 30, 2014
17:29 EDTDDD3D Systems to acquire Simbionix for $120M in cash
3D Systems announced that it entered into a definitive agreement to acquire Simbionix for $120M in cash, subject to customary closing adjustments. Simbionix is the global leader in 3D virtual reality surgical simulation and training with 60+ interventional procedures across 8 specialties through 16 simulation platforms. The transaction is expected to be completed within the next 30 days, subject to customary closing conditions. Upon closing, 3D Systems expects this acquisition to be immediately accretive to its cash generation and to its non-GAAP earnings per share.
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