3D Systems Acquires Certain Desktop Factory, Inc. Assets

By DE Editors

3D Systems Corporation has acquired certain assets of Desktop Factory, Inc., an Idealab company that developed a sub-$5,000 3D Printer. The Desktop Factory 3-D Printer, which is currently in an advanced development stage, produces plastic parts at a build speed comparable to existing 3D printing technologies.

3D Systems plans to continue to develop Desktop Factory's technology within its previously announced annual research and development expenditure range and integrate this technology into its expanding family of desktop and professional 3D printers.

"Until recently, cost and complexity have confined 3D Printers to the shops and design departments of major corporations and premier design firms,” said Abe Reichental, president and CEO of 3D Systems. “The growing success and acceptance of the V-Flash System, our first sub-$10,000 compact desktop 3D printer, reaffirms our commitment to making 3D printing as common in offices, factories, schools, and homes as 2D printers are today. We believe the technology already developed by Desktop Factory in combination with our extensive technology portfolio could lead to a new generation of fast, simple and affordable 3D printers capable of making durable plastic parts," concluded Reichental. 

"We are delighted to have found the opportunity to place the assets, intellectual property, and many of our people with 3D Systems: a leading brand with the resources and the commitment to deliver on the promise of a truly low cost, easy to use 3D printer," said Cathy Lewis, CEO of Desktop Factory. 

For more information, visit 3D Systems.

Sources: Press materials received from the company and additional information gleaned from the company's website.