Hexagon buys 3D Systems' Geomagic software for $123M to boost 3D modeling capabilities.

Hexagon, a Swedish tech firm, is acquiring 3D Systems' Geomagic software suite for $123 million, expected to close in early 2025. Geomagic's tools create high-quality 3D models and automate 3D scan data processing, enhancing Hexagon's software offerings in portable metrology sensors. The suite had about 100 employees and generated around $30 million in 2023. Post-sale, 3D Systems will focus on 3D printing software solutions.

4 months ago
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