Tag Archives: GE Aviation

GE’s Failed Takeover Bid of SLM Solutions Shows That It’s a Seller’s Market for 3D Printing Companies

The month of October turned out to be a turbulent one for GE Aviation. After announcing a $1.4 billion acquisition of both Arcam and SLM Solutions (client registration required), it emerged that activist investor Elliot Advisors (which owns stakes in both companies) was challenging the terms of the deals. Elliot Advisors claimed that the acquisition bid for SLM Solutions undervalued the company, despite being at a 37% premium over SLM’s stock price at the time. GE Aviation eventually dropped its bid for SLM Solutions, and was forced to both raise the price of the Arcam deal and reduce the acceptance threshold. GE then announced that it was acquiring Concept Laser, a German manufacturer of selective laser sintering (SLS) 3D printers. Continue reading

Schneider and Stratasys Partner for Molds and Tooling, Demonstrating 3D Printing’s Potential Outside Traditional Industries

Schneider Electric and Stratasys recently announced a partnership aimed at expanding Schneider’s use of 3D printing to include injection molds for electronic components and tooling for assembly. The components are printed using Stratasys’ fused deposition modeling (FDM) technology. By switching from milled aluminum to printed polymer, Schneider is able to cut production costs for a mold from €1,000 ($1,120) to €100 ($112), and the lead time from a month to a week. Continue reading