Why Did 3D Systems Acquire SYCODE And Print3D?

If I decide to write a FAQ on the acquisitions of SYCODE and Print3D by 3D Systems, the first question would be a plain and simple “why?”. I have been asked that question over and over again. And for good reason, I might add. Randall Newton, Managing Editor of GraphicSpeak and my good friend, has done an excellent job answering that question in his article titled “3D Systems buys Sycode and Print3D.com for the Deelip mojo“. Here is part of the very well written article:

While there were the usual jokes about COFES attendee CEO Deelip Menezes scoring a big payday or buying rounds in the hotel bar, one word kept cropping up: Why? It was like the prom queen just eloped with the guy who works in the school cafeteria, and everybody asks, “What does she see in him?”

For those who don’t know, GraphicSpeak is a publication by Jon Peddie Research, a technically oriented marketing, research and management consulting firm based in Tiburon, CA. JPR recently acquired Randall’s publication called VEKTORRUM and re-branded it as GraphicSpeak. Yesterday I received the second issue of “GFX Speak”, their monthly newsletter. Click here to subscribe.

  • Shyamalroy

    Deelip, what exactly did 3D systems see in your technology to buy you out?

    Perhaps you can provide a “non-fluff” answer that I asked at COFES from you and your VP at 3D systems that bought your company – but did not receive any straight answers other than “visions”.

    Best of luck to you.

    • Answering that question involves disclosing future plans which, as you can imagine, we cannot do as this point.

    • Answering that question involves disclosing future plans which, as you can imagine, we cannot do as this point.

  • Shyamalroy

    Thanks Deelip. I just wanted to know if your companies were bought for what they have or what you will be doing in the future. In each case valuation models are different and I wanted to educate myself.