3D Systems Completes Acquisition of Cimatron

3D Systems (3DS) has officially competed its acquisition of all shares of Cimatron Ltd. The integration of the software company, according the 3DS, strengthens the company’s portfolio in 3D-printing-centric advanced manufacturing (AM).

Cimatron is a provider of integrated 3D digital fabrication software for manufacturing. Its main platforms are CimatronE and GibbsCAM.

“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,” said 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.”

For more information, visit 3D Systems.

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