Rock Hill, South Carolina & Givat Shmuel, Israel: 3D Systems Corporation and Cimatron have announced a definitive agreement under which 3DS will acquire all of the outstanding shares of Cimatron.

The combination of Cimatron’s products with 3DS’ portfolio, strengthens the latter’s position in the fast-growing 3D design and manufacturing space. The transaction adds complementary products and technology and extends 3DS’ direct and reseller sales coverage globally. 

“We believe that the perfect strategic fit between our businesses, combined with expanded capabilities in product development, channel coverage and marketing, could present sizeable synergies that together offer significant long-term customer benefits and shareholder value,” commented Avi Reichental, president and CEO of 3DS.

Cimatron is a provider of integrated 3D CAD/CAM software products and solutions for manufacturing. Its products are used by a growing number of companies worldwide for their 3D production moulds, tools and dies in a wide variety of functional end-use manufacturing applications. 

“We are delighted to combine our 3D CAD/CAM software products with 3DS’ expanding design and manufacturing digital thread,” said Danny Haran, CEO of Cimatron. “We have always been focused on providing comprehensive, cost-effective solutions that streamline manufacturing cycles and shorten product delivery time, and as part of 3DS we can substantially accelerate our progress and extend our reach and impact.”

The companies expect the transaction to close in the first quarter of 2015.