Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
3D SYSTEMS CORP completed a disposition involving Hexagon Manufacturing Intelligence, Inc. and Hexagon Metrology Korea LLC for $123.0 million (closed 2025-04-01).
- Action
- disposition
- Counterparty
- Hexagon Manufacturing Intelligence, Inc. and Hexagon Metrology Korea LLC
- Consideration
- $123.0 million
- Closing
- 2025-04-01
Exact text from the filing
On April 1, 2025, pursuant to (i) the previously announced Asset Purchase Agreement (the “U.S. Purchase Agreement”), dated December 12, 2024, by and among 3D Systems Corporation (the “Company”), 3D Systems, Inc., a wholly-owned subsidiary of the Company (“3D US”), and Hexagon Manufacturing Intelligence, Inc. (the “U.S. Buyer”) and (ii) the previously announced Business Transfer Agreement (the “Korean Purchase Agreement,” together with the U.S. Purchase Agreement, the “Purchase Agreements”), dated December 12, 2024, by and between 3D Systems Korea, Inc., a wholly-owned subsidiary of the Company (“3D Korea,” together with the Company and 3D US, the “Sellers”), and Hexagon Metrology Korea LLC (the “Korean Buyer,” together with the U.S. Buyer, the “Buyers”), the Sellers completed the sale to the Buyers of substantially all of the assets related to the Geomagic brand name for an aggregate purchase price of $123.0 million, subject to certain customary adjustments which reduced the cash proce
View on SEC.gov