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.
You May Also Like
3D Printing News Briefs, September 9, 2021: Events, Materials, & More
In today’s 3D Printing News Briefs, the first Formnext + PM South China finally opens this week. In materials news, a biomedical company introduced what it calls the first purified...
US Navy Issues $20M to Stratasys to Purchase Large-Format 3D Printers
The U.S. Navy has been steadily increasing its investment into practical 3D printer usage, as opposed to research. The latest comes in the form of a whopping $20 million contract...
3D Printing Webinar and Event Roundup: August 22, 2021
From food 3D printing and GE Additive’s Arcam EBM Spectra L 3D printer to 3D printing and CAD in a post-pandemic world and topology optimization, we’ve got a busy week...
The Largest 3D Printed Structure in North America: a Military Barracks in Texas
ICON’s latest 3D printed training barracks structure in Texas signals another positive step for the additive construction industry. Described by the company as the largest 3D printed structure in North...
View our broad assortment of in house and third party products.