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3D Systems lawsuit dismissed; chairman buys more shares

Dec. 02, 2014 5:40 PM ET3D Systems Corporation (DDD) StockDDDBy: Eric Jhonsa, SA News Editor7 Comments
  • An infringement suit filed by 3D Systems (NYSE:DDD) against private printer maker Formlabs has been dismissed with prejudice, following a settlement. 3D had accused Formlabs of infringing its stereolithography printing techniques. "It's a big deal for us," says Formlabs exec Colin Raney, whose company will be free to continue making its printers.
  • The ongoing expiration of key 3D printing patents held by 3D Systems, Stratasys, and others has been expected to make life easier for startups looking to challenge established players. But for now, incumbents have only seen a modest impact - especially in the industrial printing space.
  • Meanwhile, 3D Systems chairman Walter Lowenbaum has disclosed he bought 5K shares last Friday at $35.21-$35.23. Lownbaum bought 26,479 shares in mid-November.

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