3D Systems Completes Acquisition Of Z Corp & Vidar
January 3, 2012

3D Systems Completes Acquisition Of Z Corp & Vidar

ROCK HILL, SC — 3D Systems Corporation (www.3DSystems.com) has completed the acquisition of Z Corporation and Vidar Systems from Contex Group, a subsidiary of Ratos AB, a listed private equity company located in Stockholm, Sweden.
The deal was for $135.5 million in cash and  integrates Z Corp and Vidar products and services with 3D Systems' extensive portfolio. The move positions 3D Systems for accelerated growth in the dynamic, rapidly expanding 3D content-to-print space. 

The transaction completes 3D Systems' range of product capabilities, fills price gaps with complementary products and technology and doubles its reseller coverage globally. 

The company also announced that it has consolidated its entire personal and professional 3D printer businesses into a single unit under the leadership of John Kawola, former Z Corp CEO who was named 3D Systems VP and GM, personal and professional 3D printers business unit. 

"This is a historic, game-changing event for our customers and stockholders,” notes Abe Reichental, president and CEO of 3D Systems. “We gained complementary full color and high speed printing technology, increased our marketplace presence significantly in verticals beyond product development and direct manufacturing, assembled the largest and most-well prepared reseller channel in 3D printing, and catalyzed our healthcare solutions business. Concurrent with the completion of this transaction, we have taken immediate, decisive steps to unleash the combined revenue growth potential and deliver the value creation inherent in this acquisition for the benefit of customers and shareholders alike."