3D Systems Corporation
) have gained about 2.3% since the company's announcement on Aug
21, regarding the opening of its new facility for fostering
innovation and software development. The center, located in Cary,
NC, will have around 22,000 sq. feet committed for research and
The new center will consist of an integrated 3D design-to-print
showroom, with training facilities designed to enhance the
experience of its customers, as well as its partners and resellers.
Equipped with state-of-the-art R&D capabilities, the facility
is compatible with the entire range of Geomagic software solutions.
This apart, the improved capabilities will also aid further
development of the company's 3D scanning solutions like Sense and
3D Systems, in order to outpace other key players in the
industry like Stratasys Ltd. (
), ExOne Company (
) and Voxeljet (
), has been focusing on strategic acquisitions and increased
R&D investments. Besides undertaking a number of strategic
acquisitions, 3D Systems also launched a new range of 3D printers
like Cube 3 and CubePro in the last quarter. Moreover, it added
several key distributors like ScanSource and Konica Minolta to its
global reseller channel.
The aforementioned innovation facility, by bringing together all
the elements from design to 3D printing under one roof, is expected
to be significantly beneficial for the company and its customers.
With a large number of engineers, designers, architects and
entrepreneurs opting for 3D solutions for their primary designing
and product modeling, such investments will position this Zacks
Rank #3 (Hold) company favorably to gain from the booming 3D
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