Phoenix Analysis & Design Technologies, Inc. (PADT) is a provider of engineering services and products for simulation, product development, rapid prototyping, and 3D printing services and products located in Tempe, Arizona. The company has just announced that they’ve acquired the Stratasys Reseller business of Boulder-based CADCAM Systems.
The company says the move boosts PADT’s existing 3D printer sales and support customer base by nearly 30% as the deal means they will add clients in New Mexico, Colorado, and Utah. The company says this deal makes PADT the largest distributor of 3D printing systems to commercial customers in the Four Corners region.
CADCAM Systems has been engaged in 3D printing sales and support with Stratasys to build the usage of 3D manufacturing technology in the Rocky Mountain States, and over the years built a reputation for technical ability and customer service. PADT says that customers will now receive system support, consumables, and the latest machines through the transition from PADT through their offices in Littleton, Colorado; Murray, Utah; and Albuquerque, New Mexico.
According to the deal, PADT will provide additional support from the company’s headquarters in Tempe, Arizona.
Rey Chu, PADT co-owner and additive manufacturing expert, said the news that CADCAM Systems was interested in selling their Stratasys business piqued his interest immediately.
“We knew they took excellent care of their customers and had strong client bases in Colorado, New Mexico, and Utah, three states that we’ve been growing aggressively in,” Chu says. “It was an obvious fit for both companies.”
The acquisition deal won’t impact the number of people employed at either PADT or CADCAM. During the transition, customers with maintenance agreements from CADCAM Systems will be serviced by CADCAM until those agreements expire, with an option to renew with PADT. 3D printing material supplies will be still be available from CADCAM Systems during the transition, and PADT will take over that service during the coming months.
The deal was made as part of PADT’s long-term strategy to strengthen its position as a supplier of mechanical engineering products and services in the Southwest. By making a move at this point in time they are ensuring continued growth as the 3D printing market continues its torrid expansion.
Will this deal between CADCAM and PADT effect your 3D printing and manufacturing business? Let us know in the PADT Acquires Stratasys Reselling Business of CADCAM forum thread on 3DPB.com.
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