After the recent acquisition of Laser Reproductions,
3D Systems Corporation
) announced yet another acquisition of the sister duo - American
Precision Prototyping (APP) and American Precision Machining (APM),
based in Tulsa, OK. Though the company has kept the financial terms
of the transaction under covers, the deal is likely to be
significantly beneficial to its business.
3D Systems seems persistently focused on driving growth to
outpace the competition from other key players in the 3D printing
industry like Stratasys Ltd. (
), ExOne Company (
) and Voxeljet (
). Further, this Zacks Rank #3 (Hold) company has a robust
financial position and sufficient liquidity to support such
endeavors. In the year-to-date timeframe, the company has announced
a number of acquisitions including Medical Modeling, Robtec and
Simbionix among others. Most recently, the company announced the
acquisition of Laser Reproductions, a leading provider of services
for rapid prototyping, manufacturing, product development and
The aforementioned deal will perfectly complement 3D Systems
offerings in the aerospace industry. APP and APM specialize in
advanced services like rapid prototyping, advanced manufacturing as
well as product development and engineering services. Having
decades of experience in the region and state-of-the-art
infrastructure to support high production volumes, the companies
also boast strong long-term relationships with a number of
companies in the sector. 3D Systems' design-to-manufacturing
offerings are likely to be boosted from this acquisition. This
acquisition will add to 3D Systems' service bureau facilities under
the Quickparts Solutions business in the U.S.Quickparts Solutions
offers speedy and customized manufacturing of complex prototypes of
parts in both plastic and metal.
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