ROCK HILL, SC, Apr 2, 2025 – 3D Systems has announced the completion of the sale of its Geomagic software portfolio to the manufacturing intelligence division of Hexagon for $123 million.
3D Systems will focus on improving the additive manufacturing software platforms, including 3D Sprint, 3DXpert, and the Oqton Industrial Manufacturing OS. The company plans to enhance these solutions by using artificial intelligence and automation to support the wider use of 3D printing in high-volume production settings.
“Hexagon is well-positioned to take the Geomagic portfolio to new heights, ensuring continued innovation and value for its users,” said Dr. Jeffrey Graves, president & CEO of 3D Systems. “We are grateful for the contributions of our Geomagic team members and confident they will thrive in this next chapter. For 3D Systems, with today’s completed sale, we are pleased to further strengthen our balance sheet and continue our focus on fueling profitable organic growth through R&D and investing in our core platforms. By concentrating on 3D Sprint, 3DXpert, and Oqton, we will enhance our ability to deliver innovative solutions that improve workflows, reduce costs, and enable our customers to scale production effectively. With approximately $100 million of net proceeds coming to our balance sheet, the transaction significantly enhances our cash reserves and provides us with an exceptional footing to execute in the quarters ahead.”
Source: 3D Systems
About 3D Systems
Founded in 1986 by Charles “Chuck” Hull, 3D Systems is a founding force in the additive manufacturing industry, credited with inventing stereolithography (SLA) and commercializing the first 3D printer, the SLA-1. Headquartered in Rock Hill, SC, the company offers various 3D printing solutions, including hardware, software, and materials. These cater to diverse industries such as aerospace, automotive, healthcare, dental, and consumer goods, facilitating applications from prototyping to full-scale production. In 2023, 3D Systems reported revenues of $488 million, reflecting its role in advancing manufacturing technologies. As of December 31, 2023, 3D Systems employs approximately 1,925 individuals globally. The company’s global presence includes offices, manufacturing facilities, and Customer Innovation Centers, all dedicated to helping businesses integrate 3D printing into their operations for enhanced efficiency and innovation.