Business news in brief
Published 12:00 am Thursday, December 19, 2013
3D Systems to buy part of Xerox
3D Systems Corp. said Wednesday that it will acquire part of Xerox Corp.’s product design, engineering and chemistry group for $32.5 million in cash to expand its business.
3D Systems Corp., which makes 3-D printers, and Xerox, which provides business services and makes copier machines, have collaborated for more than 10 years. Xerox produced 3D Systems’ ProJet series of printers.
As part of the deal, 3D Systems will add 100 Xerox engineers and contractors to its research and development team. They will work in a separate area at Xerox’s Wilsonville work site.
— Wire report