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3D Systems (DDD +0.7%) is acquiring Phenix Systems, a French maker of 3D printers relying on a...

3D Systems (DDD +0.7%) is acquiring Phenix Systems, a French maker of 3D printers relying on a process known as direct metal laser sintering. Phenix's hardware works with materials such as steel, alloys, and precious metals, and is aimed at aerospace, auto, and medical customers - 3D claims it can "print chemically pure fully dense metal and ceramic parts from very fine powders with the granularity of 6 to 9 microns." The purchase is complements 3D's selective laser sintering line, and is expected to be accretive to EPS in its first full year. 3D, which has made over a dozen acquisitions in the last 2 years, recently raised $237M to pad its M&A war chest.
Comments (4)
  • Kboyd78
    , contributor
    Comments (151) | Send Message
     
    How do you not love this company????????
    12 Jun 2013, 10:21 AM Reply Like
  • DominicanGorilla
    , contributor
    Comments (22) | Send Message
     
    Go DDD, go!
    12 Jun 2013, 02:41 PM Reply Like
  • veryoldinvester
    , contributor
    Comments (7) | Send Message
     
    Patience is a virtue -----and always will be.
    13 Jun 2013, 11:00 AM Reply Like
  • Lonnie Starr
    , contributor
    Comments (296) | Send Message
     
    Yeppers... You guys have it 100%
    10 Sep 2013, 01:45 PM Reply Like
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