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An announcement from 3D Systems ( (DDD) ) is now available.
3D Systems Corporation announced its decision to sell its Geomagic software portfolio to Hexagon Manufacturing Intelligence for $123 million. This strategic move allows 3D Systems to concentrate on its core software platforms, such as 3D Sprint, 3DXpert, and Oqton Industrial Manufacturing OS, enhancing its capabilities to support high-volume production environments and drive innovation in additive manufacturing.
More about 3D Systems
3D Systems Corporation is a leader in the 3D printing industry, focusing on developing software solutions that facilitate the adoption of 3D printing technologies in large-scale production applications. The company’s primary products include 3D Sprint and 3DXpert for polymer and metal printing technologies, leveraging AI and machine learning to enhance workflows, productivity, and product quality.
YTD Price Performance: -46.93%
Average Trading Volume: 3,210,956
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $457M
Learn more about DDD stock on TipRanks’ Stock Analysis page.
