3D Systems Acquires TeamPlatform (MarketWatch)
3D Systems Corporation (NYSE:DDD) announced today that it has acquired TeamPlatform, a leading cloud-based, collaborative design and project management platform. 3D Systems plans to immediately integrate the TeamPlatform technology into both its professional and consumer offerings, including Geomagic Solutions and Cubify.com. TeamPlatformallows product design, engineering services and manufacturing companies to easily manage hundreds of small or large projects with masses of data being shared and used concurrently. It delivers simple-to-use task management tools, project meta-data structuring capabilities and reusable workspace templates for effective, productive and affordable collaboration.
3D Printer Exone’s Chart Shaping Up Nicely (Investor Place)
The Trending123 Pattern Scan has identified a symmetrical continuation triangle pattern in ExOne Co (NASDAQ:XONE), a small-cap 3D Systems Corporation (NYSE:DDD) printer that’s been wildly successful since its IPO this year. Year-to-date it’s up 141%, and this pattern could point to even more upside ahead.The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend. A symmetrical continuation triangle shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction.
ExOne expands German operations_ (Biz Journal)
North Huntingdon-based ExOne Co. said it will build a $20 million facility on land it purchased in Augsburg, Germany.
ExOne Co (NASDAQ:XONE) said Tuesday it had bought land in Gersthofen, where it will build a 150,700-square-foot space for production, research and development, service, warehouse and offices. The facility, when it opens in late 2014, will consolidate five leased offices that total 77,500 square feet.
Stratasys To Offer Retail 3D Printing In UPS Store (Jewish Business News)
Stratasys Ltd. (NASDAQ:SSYS), a manufacturer of 3D printers and production systems, today announced that it has been selected by The UPS Store to provide its 3D printing systems to The UPS Store as part of a test program that will make it the first national retailer in the U.S. to offer 3D printing service to entrepreneurs, architects, start-ups and other retail customers. This service will enable UPS Store customers to have their 3D design 3D printed on-site, in six test locations, beginning in San Diego. The test signals a collaborative effort by Stratasys and The UPS Store to make 3D printing accessible to small businesses as awareness of the technology and its capabilities grows. Stratasys 3D Printers can create on-demand, custom objects of virtually any complexity in a fast and simple process.
Stratasys Ltd.Issues FY13 Earnings Guidance (Daily Political)
Stratasys Ltd. (NASDAQ:SSYS) issued an update on its FY13 earnings guidance on Thursday morning. The company provided EPS guidance of $1.75-1.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.92, Stock Ratings Network reports. The company issued revenue guidance of $455-480 million, compared to the consensus revenue estimate of $440.64 million. Several analysts have recently commented on the stock. Analysts at Zacks reiterated a neutral rating on shares of Stratasys in a research note to investors on Wednesday. They now have a $91.00 price target on the stock. On a related note, analysts at JPMorgan Cazenove raised their price target on shares of Stratasys from $85.50 to $91.50 in a research note to investors on Thursday, August 1st. Finally, analysts at Brean Capital initiated coverage on shares of Stratasys in a research note to investors on Monday, July 29th. They set a buy rating and a $102.00 price target on the stock.