The following paragraph comes from an
in-depth article (about the subject reported below) that appeared in Larry Hunt’s
Wide-Format News, April 2014 edition.
(You need to be a subscriber to that newsletter to read the full
article.)
3D Systems and Xerox recently announced a
transaction designed to leverage both companies’ 3D printing capabilities to
accelerate growth and cement leadership positions. 3D Systems entered into a
definitive agreement to acquire Xerox Corporation’s Wilsonville, Oregon product
design, engineering and chemistry group and related assets for $32.5 million in
cash. This transaction was expected to close before the end of last year,
subject to fulfillment of certain customary conditions. This agreement expands
the- decade and-a-half long collaboration between the companies that has
already produced 3DS’ best-selling ProJet series 3D printers. As part of this
agreement, 3DS expects to add more than 100 experienced Xerox engineers and
contractors who are specializing in product design and materials science to its
global R&D team
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