Closed transaction for $123 million, with expected net proceeds of approximately $100 million to strengthen balance sheet and invest in future growth and profitability initiativesSharpens focus on core additive manufacturing software solutions — 3D Sprint®, 3DXpert® and Oqton Industrial Manufacturing OS —to advance production applications and accelerate customer adoption ROCK HILL, S.C., April 01, 2025 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today announced the successful completion of the sale of its Geomagic® software portfolio to the Manufacturing Intelligence Division of Hexagon, a global leader in digital reality solutions, for $123 million before working capital adjustments and following the satisfaction of customary regulatory approvals and closing conditions.
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The factors described under the headings "Forward-Looking Statements" and "Risk Factors" in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements.
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