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.
“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.
Subscribe to Our Email Newsletter
Stay up-to-date on all the latest news from the 3D printing industry and receive information and offers from third party vendors.
You May Also Like
CELLINK Bioprinter Enables Bioprinted Hair Follicles for Skin Regeneration and More
In a landmark achievement, researchers at Rensselaer Polytechnic Institute in New York have successfully 3D-printed hair follicles in lab-grown human skin tissue, marking a significant advancement in the field of...
Iowa Demolishes Its First 3D Printed Home
In May 2023, the city of Muscatine, Iowa embarked on an ambitious plan to construct 3D printed homes. The weekend before Thanksgiving, the first such home was demolished. This project,...
BICO’s Revival: A Fresh Era with Maria Forss at the Helm
Swedish biotech company BICO (STO: BICO) has been making waves in the industry recently. Ever since Maria Forss assumed the role of CEO in November 2023, the company seems to...
3D Printing Webinar and Event Roundup: November 26, 2023
Things are getting busy again in terms of 3D printing webinars and events! This week is the RSNA annual meeting, the World Manufacturing Forum, and more. HP is holding an...
Upload your 3D Models and get them printed quickly and efficiently.