3D Systems Completes Acquisition of Cimatron

3D Systems has completed its acquisition of all shares of Cimatron Ltd. for approximately $97 million, inclusive of Cimatron’s net cash.

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3D Systems has completed its acquisition of all shares of Cimatron Ltd. for approximately $97 million, inclusive of Cimatron’s net cash. The integration of Cimatron’s software products into the company’s portfolio strengthens 3DS’s leadership position in 3D-printing-centric advanced manufacturing by enabling a seamless digital workflow between design and traditional and additive manufacturing processes. The transaction adds complementary technology, extends 3DS’s sales coverage globally, multiplexes cross-selling opportunities and is expected to be accretive to the company’s cash generation and non-GAAP earnings per share for the full year 2015.

“Cimatron represents a perfect strategic fit for our business by providing expanded capabilities in product development, sales coverage and complementary technology. We believe that this combination offers unique synergies with significant long-term customer benefits and shareholder value,” says Avi Reichental, president and CEO of 3DS. “We are delighted to welcome Danny Haran and his entire global team to 3DS as we complete the digital thread from design to digital fabrication.”