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

|About: 3D Systems Corp. (DDD)|By:, SA News Editor

Needham takes a favorable view of 3D Systems' (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.