3D Systems completes acquisition of Phenix Systems laser sintering technology
August 20, 2013
3D Systems based in Rock Hill, South Carolina, USA, has completed its acquisition of Phenix Systems, a leading global provider of Direct Metal Selective Laser Sintering 3D Printers based in Riom, France. The company paid $15.1 million for 81% of the share capital and will seek to purchase the remaining shares and voting rights in accordance with the requirements of the French Markets Authority.
Phenix Systems designs and manufactures proprietary Direct Metal 3D Printers that print chemically pure, fully dense metal and ceramic parts from very fine powders with a particle size ranging from 6 to 9 microns. Materials include stainless steel, tool steel, super alloys, non-ferrous alloys, precious metals and alumina for a variety of aerospace, automotive and patient specific medical device applications. Phenix Systems strengthens 3D Systems offerings and immediately positions it at the heart of these rapidly growing direct manufacturing opportunities.
“Phenix Systems is a strategic and differentiated addition to our extensive 3D content-to-print portfolio and we are thrilled to deliver these powerful solutions to our customers,” stated Avi Reichental, President and CEO, 3D Systems. “Our proven track record in advanced manufacturing, combined with Phenix Systems extensive metals technology and expertise represents a true game-changer that empowers our customers to manufacture the future.”
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