3D Systems has been on a role as of late in terms of acquisitions. They have been gobbling up 3D printing related companies across all industries. This morning they announced the acquisition of yet another interesting company, Medical Modeling Inc.
Medical Modeling Inc. is a leading provider of personalized surgical treatments, as well as patient specific medical devices. Located in Golden Colorado, the company has been a pioneer in the field of 3d printing customized medical devices. They are known for their FDA-cleared manufacturing processes, as well as experience in helping tens of thousands of patients, with their patient specific products.
“We are thrilled to become part of 3DS,” said Andy Christensen, President, Medical Modeling. “We already use most of 3DS’ leading professional design-to-manufacturing tools including its Geomagic(R) Freeform(R) modeling software and haptic tools and advanced manufacturing Stereolithography and ColorJet Printing professional-grade 3D printers,” continued Christensen. “Working with surgeons around the world on tens of thousands of patient cases gives us a unique perspective on surgical planning opportunities that, together with 3DS technology platform and resources, could accelerate our global growth and enhance overall patient outcomes.”
3D systems plans to consolidate all their health related activities under one department which will be led by former Medical Modeling President, Andy Christensen, who will be given the title, “3DS’ Vice President, Personalized Surgery and Medical Devices.” The acquisition will instantly put 3D systems in the middle of the 3D printing healthcare market, allowing the company to continue to expand their scope within the industry. As companies like Hewlett Packard consider entering the market, 3D Systems clearly sees this as an opportunity to get a leg up on the possible future competition they may face.
“The combination of our rapidly growing healthcare business with Medical Modeling’s expanding range of products and services creates the largest 3D printing based personalized surgery and patient specific medical device service capabilities available today,” said Avi Reichental, 3DS President and CEO. “By leveraging our collective expertise, technologies and channels under the capable leadership of Andy Christensen, we plan to deliver an expanding range of direct metal and plastic medical devices designed to address this rapidly expanding opportunity.”
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