3D Systems (NYSE: DDD) announced that it acquired Rapidform, a leading global provider of 3D scan-to-CAD and inspection software tools, located in Seoul, South Korea for $35M in cash, subject to final closing adjustments.
Rapidform's reverse engineering and inspection software combines scan data processing, mesh optimization, auto surfacing and CAD modeling in a single, integrated tool. It could empower product developers to deliver improved product quality and shorter time-to-market.
3D Systems expects Rapidform to contribute $15M of revenue and deliver between 6c-9c in earnings per share to its 2013 non-GAAP results.
Rapidform broadens 3D Systems' range of capabilities and extends its coverage in South Korea and Japan.
With the addition of Rapidform, 3D Systems is able to create a digital scan, design and print platform to make 3D data capture more powerful and accessible.
Source: 3D Systems
Posted in 3D Printing Company
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