3D Systems to Acquire Simbionix for $120 Million in Cash

On the eve of announcing their second quarter financial results, 3D systems has announced a major acquisition. They have agreed to acquire Simbionix, a virtual reality medical simulation company based in Cleveland Ohio. 3D Systems will pay $120 million in cash for the company, which should make them quite the powerhouse within the medical modeling and planning space. More details on this acquisition can be found here: http://3dprint.com/10750/3d-systems-simulation/

Let's hear your thoughts on this deal. Will 3D Systems become a major player in the medical industry?