Divestiture • Education

Polar 3D Acquires STEAMtrax

On April 12, 2016, Polar 3D acquired education company STEAMtrax from 3D Systems

Acquisition Context
  • This is Polar 3D’s 1st transaction in the Education sector.
  • This is Polar 3D’s 1st transaction in the United States.
  • This is Polar 3D’s 1st transaction in New York.

Explore All 150 Divestiture Education Deals - Search the Database Free


M&A Deal Summary

Date April 12, 2016
Target STEAMtrax
Sector Education
Buyer(s) Polar 3D
Sellers(s) 3D Systems
Deal Type Divestiture

Target Company

STEAMtrax

Fairport, New York, United States
STEAMtrax is an innovative STEAM-based curriculum that integrates engineering, CAD modeling and 3D printing technology with core academic knowledge in areas of science, math, language arts, social studies, and art. STEAMtrax curriculum is currently available for students in grades K-8, with high school curriculum to launch by August 2016.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Polar 3D

Cincinnati, Ohio, United States

Category Company
Sector Technology Hardware
DESCRIPTION

Polar 3D is an innovative 3D printing technology and manufacturing company. The Company offers collaborative Cloud based software solutions for 3D printing in the education market (the Polar Cloud) and a portfolio of patents covering innovative technologies and products, including the Polar 3D desktop printer which is differentiated by its use of a polar coordinate system as opposed to Cartesian.


Deal Context for Buyer #
Overall 1 of 1
Sector: Education 1 of 1
Type: Divestiture 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2016 1 of 1

Seller Profile 1

SELLER

3D Systems

Rock Hill, South Carolina, United States

Category Company
Founded 1986
Sector Machinery
Employees1,833
Revenue 440M USD (2024)
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 founded in 1986 and is based in Rock Hill, South Carolina.


Deal Context for Seller #
Overall 1 of 6
Sector: Education 1 of 1
Type: Divestiture 1 of 6
State: New York 1 of 1
Country: United States 1 of 5
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-06 Easyway Design and Manufacture Co.

China

Easyway is a Chinese 3D printing sales and service provider with key operations in Shanghai, Wuxi, Beijing, Guangdong and Chongqing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-31 Vertex Global Holding B.V.

Soesterberg, Netherlands

Vertex Global Holding B.V. is a provider of photopolymer, thermoplastic, polymer and monomer materials for traditional and 3D printing dental applications.

Buy -