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Cimatron, Limited (CIMT)

- NASDAQ
  • Nov. 24, 2014, 8:11 AM
    • 3D Systems (NYSE:DDD) agrees to acquire Israel's Cimatron (NASDAQ:CIMT) for ~$97M to strengthen its position in the 3D design and manufacturing business.
    • CIMT provides CAD and CAM software products and solutions for 3D manufacturing; DDD will pay $8.97/share, a 47.5% premium to CIMT's Nasdaq closing price on Friday.
    • CIMT +42.7% premarket, DDD +0.5%.
    | 23 Comments
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Company Description
Cimatron Ltd is engaged in designs, develops, manufactures, markets and supports a family of modular, high-performance, CAD/CAM software products. The Company has two main products line which include, CimatronE and GibbsCAM.