3D Systems to Acquire Geomagic

3D Systems has signed a definitive agreement to acquire Geomagic Inc., a provider of 3D authoring solutions, including design, sculpting and scanning software tools used to create 3D content and inspect products throughout the design and manufacturing process.

News Item From: 1/23/2013 Modern Machine Shop

3D Systems has signed a definitive agreement to acquire Geomagic Inc., a provider of 3D authoring solutions, including design, sculpting and scanning software tools used to create 3D content and inspect products throughout the design and manufacturing process. Ping Fu, Geomagic’s founder and CEO, will serve as the company’s chief strategy officer.

The acquisition is subject to customary closing conditions and is expected to close during the first quarter of this year. Terms were not disclosed.

In October, 3D Systems acquired Rapidform, a Seoul, South Korea-based provider of 3D scan-to-CAD and inspection software. 

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