3D Systems buys Rapidform for $35M in cash

theflyonthewall.com

3D Systems 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. 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 with complementary products and technology, and extends its coverage and breadth globally with a significant foothold in South Korea and Japan.

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