3D Systems has signed an agreement to purchase Contex Group subsidiaries Vidar Systems and Z Corporation for $137m.
The acquisition, which is subject to customary closing conditions as well as regulatory approvals, is likely to close by early 2012 at the latest.
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Vidar Systems global president Joseph LaPorta said that by joining 3D Systems, the company expects expand its core imaging business.
"Together with 3D’s strong footprint into healthcare – medical models, surgical guides, hearing aides, dental applications and implantable devices – Vidar expects to develop applications and products that enhance our current offering as well as to move into more elaborate healthcare initiatives," LaPorta said.
