ROCK HILL, S.C., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Following a strategic review of the Company’s software investment strategy, 3D Systems (NYSE:DDD) today announced that it has signed a definitive ...
3D Systems sells its Geomagic software portfolio to Hexagon for $123 million, refocusing on core 3D printing software platforms. 3D Systems has announced a definitive agreement to sell its Geomagic ...
(RTTNews) - 3D Systems Corp. (DDD) announced Thursday that it has signed a definitive agreement to sell its Geomagic software portfolio to Swedish digital reality solutions provider Hexagon AB ...
In a move to expand its software portfolio, Hexagon acquired 3D Systems’ Geomagic suite of interoperable software packages, known for being able to create high-quality 3D models from diverse sources ...
3D Systems announced that its selling its Geomagic software portfolio to Hexagon. Hexagon will pay $123 million acquire the portfolio. The deal is expected to close in the first half of next year. 3D ...
CEO Jeffrey Alan Graves stated that the macro environment for 3D printing OEMs remains challenging, highlighting a year-over-year revenue decline of 16%, which he attributed to a rapid drop in ...
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Why 3D Systems (DDD) stock is nosediving
Shares of 3D printing company 3D Systems (NYSE:DDD) fell 18.1% in the afternoon session after the company announced it agreed to exchange approximately $30.8 million of its convertible notes for about ...
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