3D Systems Corporation (NYSE:DDD) announced today that it acquired Alibre, Inc., a leading provider of affordable 3D design productivity solutions.
Press Release from 3D Systems Corporation
ROCK HILL, S.C., July 19, 2011 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE:DDD) announced today that it acquired Alibre, Inc., a leading provider of affordable 3D design productivity solutions. Alibre delivers a powerful suite of full parametric CAD solutions that are easy to own and simple to use for makers and designers alike. Based in Richardson, Texas, USA, Alibre serves tens of thousands of businesses and individuals in over 50 countries.
"We are very proud and excited to join 3D Systems, a global leader with like-minded strategic direction," said J. Paul Grayson, CEO of Alibre. "The power of 3D Systems technology, resources and global reach combined with our sustainable and scalable business model and affordable design productivity solutions is certain to make better design happen."
"With Alibre in our portfolio we are personalizing and integrating design and manufacturing productivity," said Abe Reichental, President and CEO of 3D Systems. "The combined affordability and user friendliness of our expanded 3D content-to-print solutions offer a clear and compelling choice for engineers, designers and makers to create and make instantly, at work and home."
3D Systems plans to expand the breadth and reach of the Alibre design productivity tools and to leverage its combined global channels to deliver complete 3D design-to-manufacturing products, tools and services. The Company expects this acquisition to be immediately accretive to its net income and contribute favorably to its long-term target-operating model.
About 3D Systems Corporation3D Systems is a leading provider of 3D content-to-print solutions including 3D printers, print materials and on-demand custom parts services for professionals and consumers alike. The company also provides creative content development, design productivity tools and curation services and downloads. Its expertly integrated solutions replace, displace and complement traditional methods and reduce the time and cost of designing new products by printing real parts directly from digital input. These solutions are used to rapidly design, communicate, prototype and produce functional parts, empowering its customers to create with confidence.
More information on the company is available at www.3DSystems.com, www.printin3D.com, www.toptobottomdental.com, www.3Dproparts.com, www.alibre.com, www.bitsfrombytes.com, www.The3dStudio.com, www.freedomofcreation.com, blog.3dsystems.com, or via email at moreinfo@3Dsystems.com.
The 3D Systems Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4537.
About AlibreAlibre offers the industry's most affordable complete engineering solutions. Alibre is transforming the design landscape by providing affordable full parametric CAD solutions to anyone that needs them. Based in Richardson, Texas, USA, Alibre serves tens of thousands of businesses and individuals in over 50 countries and in over 15 languages.
More information on the company is available at www.alibre.com.