Feb.25, 2012
Last month, 3D Systems completed the acquisition of Z Corp. and Vidar Systems for $135.5 million from Contex Group, a private equity company located in Stockholm, Sweden. 3D Systems Corp. Thursday reported a drop in fourth-quarter earnings as costs rose. But shares of the stock are up 62% year to date as 3D systems nearly tripled the number of 3D printers it sold. Abe Reichental, 3D Systems president & CEO, discusses new technology in printing and design.
"if you can think it and you can dream it, you can print it and bring it into life. without any of the traditional craftsmanship and we are developing aps that allow anybody to create and make if you can operate a tablet and the smart phone. you are in. if you have a kinect box, you can print."
"It's about a personal manufacturing revolution and about relocalizing manufacturing where it needs to be just in time. It's about giving our kids the competitive skills they need to be competitive in tomorrow's job market."
"we want to empower garage entrepreneurs and start ups and next generation innovators to create and make and have the same advantage that was reserved for large companies." Reichental said.
Source: CNBC
Posted in 3D Printing Technology
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