South Carolina-based 3D Systems Corporation, a developer of rapid prototyping systems, said Monday afternoon that it has acquired certain assets of Pasadena-based Desktop Factory, the Idealab startup which was developing low cost, 3-D printers. Financial terms of the acquisition were not disclosed. Desktop Factory had said two weeks ago that it was in the process of looking for a buyer for the firm, after failing to raise a new round of funding. Desktop Factory was developing sub-$3,000 3D printers, which could be used to fabricate three-dimensional items for much less than existing, expensive 3D rapid prototyping systems. 3D Systems, based in Rock Hill, S.C., moved from Valencia to South Carolina back in 2006.
Top NewsMonday, August 31, 2009
Desktop Factory Assets Go To 3D Systems