November 3, 2011
By DE Editors
3D Systems Corporation has announced it acquired from the Advanced Materials Division of Huntsman Corporation, its RenShape stereolithography print materials, and Digitalis rapid manufacturing 3D printer product line for $41 million in cash. This business generated $7 million of annual revenue during 2010, primarily from sales of RenShape print materials.
Huntsman has been a provider of RenShape stereolithography, a portfolio of materials formulated to print parts and prototypes. These materials complement 3D Systems’ product offering and will be used for printing snap-fit polypropylene, ABS-like parts and selectively colored medical models on 3D Systems’ SLA printers.
Digitalis is a new MEMS (microelectromechanical systems) rapid manufacturing printer currently in late stages of development and validation that the company says is capable of manufacturing large numbers of parts simultaneously at high speed and accuracy.
This acquisition increases 3D Systems’ print materials technology and intellectual property portfolio and adds the Digitalis print engine to its printer family. 3D Systems plans to integrate these product lines into its rapid manufacturing and healthcare solutions portfolio.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
About the Author
DE’s editors contribute news and new product announcements to Digital Engineering.
Press releases may be sent to them via [email protected].