3d Systems (ddd) Stock Falls After Announcing Botobjects Acquisition

NEW YORK (TheStreet) -- Shares of 3D Systems were falling 5.5% to $30.62 Monday after the 3D printer maker announced that it acquired U.K.-based 3D printer maker botObjects. 3D Systems said that it plans to launch the new CubePro C desktop full-folor 3D printer using technology from the newly-acquired botObjects. The company will show the new 3D printer at its booth at the Consumer Electronics Show in Las Vegas. The botObjects' ProDesk3D printer will be immediately folded into 3D Systems' CubePro C printer line, according to the company. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.

 

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