Completes Acquisition of Phenix 3D Systems

In additional news from 3D Systems, the corporate has proclaimed that it’s closed its acquisition of Phenix Systems, the tiny however effective manufacturer of metal 3 printing systems based mostly in Riom, France. According the 3D Systems, it’s completed the deal, that saw it pay $15.1 million for eighty one of the share capital and can currently launch a simplified take-over bid method in accordance with the French Markets Authority on the remaining shares and option rights.

Phenix Systems styles and manufactures proprietary Direct Metal 3D Printers that print with chemicals pure, absolutely dense metal and ceramic elements from terribly fine powders with the graininess of vi to nine microns. Materials embrace stainless-steel/ tool steel super alloys, non ferrous alloys/precious metals and corundum for a range of region, automotive and patient specific medical device applications. consequently, Phenix Systems strengthens 3D Systems portfolion and generates opportunities at the center of those quickly growing direct producing applications with metal materials.
Phenix Systems could be a strategic and differentiated addition to our in depth 3 content-to-print portfolio and that we are excited to deliver these powerful solutions to our customers,” aforesaid Avi Reichental, President and Chief exective officer, 3DSystems. Our proved documentation in advanced producing, combined with Phenix Systems in depth metals technology and experience represents a real game-changer that empowers our customers to manufacture the long run.