You might say that, in addition to the whole 3D printing thing, 3D Systems is in the acquisition game. The company's spent much of the past few years snapping up smaller brands like there's no tomorrow. And while a number of those buys have tended to fall a bit out of our purview, this latest is particularly interesting. The company announced this morning that it has picked up TeamPlatform, kind of the Google Docs of the 3D modeling world. The software offers up collaborative access to cloud-based tools for design, engineering and management companies. No word on how exactly the company will be absorbed, but 3D Systems noted plans to integrate it into Geomagic and Cubify, bringing the offering to pro and consumer users, respectively.
3D Systems Acquires TeamPlatform
3D Systems (NYSE: DDD [FREE Stock Trend Analysis]) announced today that it has acquired TeamPlatform, a leading cloud-based, collaborative design and project management platform. 3D Systems plans to immediately integrate the TeamPlatform technology into both its professional and consumer offerings, including Geomagic Solutions and Cubify.com.
TeamPlatform allows product design, engineering services and manufacturing companies to easily manage hundreds of small or large projects with masses of data being shared and used concurrently. It delivers simple-to-use task management tools, project meta-data structuring capabilities and reusable workspace templates for effective, productive and affordable collaboration.
"TeamPlatform's powerful collaboration tools connect and expand our growing 3D content-to-print portfolio, multiplexing global productivity and real-time collaboration for our customers," said Avi Reichental, President and CEO of 3D Systems. "We intend to immediately integrate it into our Geomagic Solutions and Cubify platforms for the benefit of our professionals and consumers globally."
To learn how TeamPlatform can increase collaboration visit TeamPlatform.com.
About 3D Systems Corporation
3D 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 CAD, reverse engineering and inspection software tools and consumer 3D printers, apps and services. Its expertly integrated solutions replace 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, create, communicate, prototype or produce real parts, empowering customers to manufacture the future.