3D Systems acquires Xerox’s solid ink engineering and development teams

3D Systems has acquired Xerox’s solid ink engineering and development teams, development labs and relevant patent portfolio for $32.5 million in cash. The company expects the acquisition of these highly specialised printer design and material science teams together with their labs and relevant IP to catapult its printers’ development and manufacturing capabilities a full decade forward and to substantially accelerate its revenue growth-rate over time.

As part of this agreement, 3DS added more than 100 experienced Xerox engineers and contractors specialising in product design and materials science to its global R&D team and plans to immediately begin to operate its own facility within the Xerox Wilsonville campus.