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#3D Systems Sells Geomagic Software Portfolio to Hexagon: A Strategic Realignment Amidst Market Challenges

Summary by csimarket.com

In a significant development reverberating across the manufacturing and software sectors, 3D Systems Corporation (NYSE: DDD) has successfully completed the sale of its Geomagic software portfolio to Hexagon's Manufacturing Intelligence Division for $123 million, prior to working capital adjustments. This transition, formalized on April 1, 2025, comes on the heels of a strategic review aimed at recalibrating the company's focus amidst persistent …

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engineering.com

Hexagon acquires Geomagic software business from 3D Systems

Hexagon has acquired the Geomagic software business from 3D Systems Corp., adding technology that enhances productivity in acquiring, processing, and reverse engineering 3D measurement data for product lifecycle and CAD workflows. Integrated into its Manufacturing Intelligence division, the Geomagic software solutions will be supported and sold to the discrete manufacturing market – complementing portfolios in Hexagon’s other markets such as min…

2 days ago

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EuropaWire.eu

Hexagon Expands Manufacturing Intelligence with Acquisition of Geomagic, Enhancing 3D Reverse Engineering Capabilities

Hexagon Expands Manufacturing Intelligence with Acquisition of Geomagic, Enhancing 3D Reverse Engineering Capabilities (IN BRIEF) Hexagon has acquired the Geomagic software business from 3D Systems Corporation, thereby incorporating cutting-edge technology that enhances the efficiency of processing 3D measurement data for reverse engineering and CAD applications. Now part of Hexagon’s Manufacturing Intelligence division, Geomagic’s suite of tool…

3 days ago

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TCT Magazine

Hexagon completes acquisition of 3D Systems' Geomagic portfolio

The software technology company says the suite, which comprises software for measurement and quality control, mesh and surface model creation, and scan-to-CAD workflows, is now integrated into its Manufacturing Intelligence division.

3 days ago

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Metrology and Quality News - Online Magazine

3D Systems Completes Sale of Geomagic Software Portfolio To Hexagon – Metrology and Quality News - Online Magazine

3D Systems has 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. The post 3D Systems Completes Sale of Geomagic Software Portfolio To Hexagon appeared first on Metrology and …

3 days ago

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