Is GE About to Buy Out 3D Systems? Seems That Way
GE Aviation, part of multinational giant General Electric, is set to 3D print more than 100,000 parts by 2020--and it would streamline the company's efforts if they acquired a 3D printer manufacturer. Some buzz in the industry has been circulating about the potential of GE buying out 3D Systems (NYSE:DDD). 3DS, for its part, has seen shares and market cap plummet over the last 18 months. Keeping an eye on the stock market, commentators have begun to suggest that a big deal might be in the works, such as a unconfirmed market chatter that 3DS had hired Goldman Sachs to handle a possible bid. Check out more details about why such a deal would make a lot of sense, and what goings on have supported the theory, over at 3DPrint.com: http://3dprint.com/73885/ge-buyout-3d-systems/
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