3D Systems (NYSE: DDD) acquires CAD software company, Alibre Inc.
This acquisition is consistent with 3D Systems’ strategy to democratize access and accelerate adoption of affordable 3D content-to-print solutions that empower professionals and consumers to create and make in 3D.
Alibre, on the other hand, delivers a powerful suite of affordable tools that include full parametric CAD software for professionals and personal users in 50 countries and in 15 languages.
In fact, Alibre, Inc. had announced in May that was partnering with 3D Systems Corporation, the global leader and inventor of rapid prototyping and 3D printing solutions. The partnership allowed Alibre to offer complete 3D design and 3D printing for creators, DIYers and businesses.
To meet the 3D printing needs of a growing Maker community, the bundles delivered the first-ever total personal manufacturing package starting under $1,500. This enabled someone to go from idea to 3D model on a computer screen to actually holding the finished product in their hands within hours.
Little did we know the partnership would turn into a total acquisition
Alibre will now evolve from a company name into a very important brand that, together with the Sycode productivity plug-ins and other new product developments of 3D Systems, will become a leading brand in 3D’s portfolio. The company especially plans to expand the breadth and reach of the Alibre design productivity tools and bundles across all of the channels and marketplaces of 3D Systems.
3D Systems Corporation (NYSE:DDD) which operates out of ROCK HILL, South Carolina, also announced earlier this month that it plans to hold a conference call and simultaneous webcast to discuss its financial results for the second quarter and first six months of 2011 on Thursday, July 28, 2011, at 11:30 a.m. Eastern Time. The company expects to release financial results and to file its Form 10-Q on July 28, 2011, prior to the conference call.
The company which initially opened for trading at $4.26 at Nasdaq under the symbol, TDSC, switched in May of this year to the New York Stock Exchange (NYSE) under the ticker, DDD.
Torque News Assessment
It is just coincidence that I had already reviewed a copy of Alibre Design’s CAD software within the past two years. What struck me was its ability as a parametric-based software to allow smaller design firms to have access to the same capabilities as the larger firms.
For the record, Alibre develops Alibre Design™ and Alibre CAM™, the fastest growing parametric CAD/CAM solutions on the market. A small fraction of the cost of comparable software, Alibre Design offers the same core features as SolidWorks, Pro/E, Inventor, and other mid-range solid modeling packages at a cost that is affordable to any business or individual. Alibre CAM extends Alibre Design to provide integrated 2 1/2 to 5 axis CNC machining.
In this reporter’s opinion, which is based on 39 years in design and engineering, I applaud the acquisition. No doubt the auto industry and designers alike need lower-cost solutions.
Still, my concern is over the continual dependence on the use of translators to process files from other systems like Catia, SolidWorks, etc. My research shows a software like Key Creator does not have to use these STEP translators which I have used in the past, and may have an advantage for design service firms who have to work with multiple companies with multiples of CAD systems; and they can be troublesome as well as time consuming. The end product, which is usually a finished prototype, generally does not require the initiating file having to be sent back to the originator.
With all respect to the acquisition, I have asked the PR firm for 3D Systems, Lois Paul & Partners, to please comment on this issue.
Full Disclosure: At time of publication, Sherosky, creator of the auto sector charts for TN, is neither long or short with the mentioned stocks for futures, though positions can change at any time. None of the information in this article constitutes a recommendation, but an assessment or opinion.
About the Reporter: After 39 years in the auto industry as a design engineer, Frank Sherosky now trades stocks, futures and writes articles, books and ebooks like, "Perfecting Corporate Character," "Awaken Your Speculator Mind", and "Millennial World Order" via authorfrank.com. He may be contacted here by email: [email protected]
High CAD training costs still displace unemployed design candidates
Alibre-designed WIKISPEED vehicle featured at Future of Flight Earth Day Event
Will General Motors stock now test the June low?
Can the 2012 Camry plow Toyota stock above its recent price channel?
State business ranking by CNBC reflects same criteria important to auto industry
Why Obama's proposed CAFE standards to 56.2 mpg IS feasible
Is it time to protect your auto sector stocks?