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Needham takes a favorable view of 3D Systems' (NYSE:DDD) $35M acquisition of Rapidform, a Korean...

Oct. 10, 2012 2:19 PM ET3D Systems Corporation (DDD) StockDDDBy: Eric Jhonsa, SA News Editor

Needham takes a favorable view of 3D Systems' (NYSE:DDD) $35M acquisition of Rapidform, a Korean developer of object scanning and inspection software for 3D printing. Needham notes the deal is expected to add $15M in revenue and $0.06-$0.09 in EPS to 2013 results; increases 3D's global channel network by 25%-30%, and bolsters its efforts to be a provider of end-to-end 3D printing solutions, rather than mere hardware.

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