Prodways Group (Euronext Paris: PWG) has announced that it has acquired the US 3D printing maker Solidscape Inc., a subsidiary of Stratasys (NASDAQ: SSYS).
Prodways Group is a leading player in industrial 3D printing that posts the highest revenue growth rates among publicly listed industry players.
Solidscape is an established player in the 3D printing industry. The company has been developing a leading 3D printing technology for investment casting applications, particularly for the jewelry market.
Drawing on its patent portfolio, Solidscape offers machines and materials that enable users to print wax models of unrivaled quality and precision to be used in casting processes.
This acquisition solidifies the positioning of Prodways Group, which bases its strategy on 3D printing manufacturing applications. These markets are experiencing the gradual supplanting of traditional manufacturing techniques by 3D printing processes. The investment casting application, particularly for jewelry, is an indicative example. The added value offered by the technology enables the sale not only of machines but also of materials and supplies. This recurrence model is a feature of the 3D printing technologies using plastic, resins and waxes developed by Prodways.