M&A Deal Summary

Hexagon Acquires 3D Systems - Geomagic Software Business

On December 12, 2024, Hexagon acquired software company 3D Systems - Geomagic Software Business from 3D Systems for 123M USD

Acquisition Highlights
  • This is Hexagon’s 39th transaction in the Software sector.
  • This is Hexagon’s 5th largest (disclosed) transaction.
  • This is Hexagon’s 25th transaction in the United States.
  • This is Hexagon’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2024-12-12
Target 3D Systems - Geomagic Software Business
Sector Software
Buyer(s) Hexagon
Sellers(s) 3D Systems
Deal Type Divestiture
Deal Value 123M USD

Target

3D Systems - Geomagic Software Business

Rock Hill, South Carolina, United States
3D Systems's Geomagic Software Business includes products such as Design X, Control X, Freeform and Wrap, is capable of automating the processing of 3D scan data to build digital models from physical objects, which can then be used to generate history based parametric CAD models for use in product manufacturing. 3D Systems's Geomagic Software Business is based in Rock Hill, South Carolina.

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Buyer(S) 1

Buyer

Hexagon

Stockholm, Sweden

Category Company
Founded 1975
Sector Information Technology
Employees24,091
Revenue 5.4B EUR (2023)
DESCRIPTION

Hexagon is a provider of integrated design, measurement and visualisation technologies. Hexagon was founded in 1975 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 83 of 83
Sector (Software) 39 of 39
Type (Divestiture) 4 of 4
State (South Carolina) 1 of 1
Country (United States) 25 of 25
Year (2024) 5 of 5
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-21 indurad

Aachen, Germany

indurad is a provider of radar and real-time location systems (RTLS) technologies. indurad was formed in 2008 and is headquartered in Aachen, Germany.

Buy -

Seller(S) 1

SELLER

3D Systems

Rock Hill, South Carolina, United States

Category Company
Founded 1986
Sector Machinery
Employees2,032
Revenue 538M USD (2022)
DESCRIPTION
Entrance to 3D Systems' corporate headquarters in Rock Hill, South Carolina.
Entrance to 3D Systems' corporate headquarters in Rock Hill, South Carolina.

3D Systems is a provider of 3D content-to-print solutions including 3D printers, print materials and on-demand custom parts services for professionals and consumers alike. The Company also provides creative content development and design productivity tools. 3D Systems' integrated solutions replace, displace and complement traditional methods and reduce the time and cost of designing new products. 3D Systems was incorporated in 1986 and is based in Rock Hill, South Carolina.


DEAL STATS #
Overall 6 of 6
Sector (Software) 2 of 2
Type (Divestiture) 6 of 6
State (South Carolina) 1 of 1
Country (United States) 5 of 5
Year (2024) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-01 Wematter

Linköping, Sweden

Wematter is a printing company, a pioneering solution that gives hospitals, offices, and workshops access to a comprehensive system. Wematter’s proprietary end-to-end solution enables customers to accelerate product development and in-house volume production. Wematter was founded in 2014 and is based in Linköping, Sweden.

Buy -