American additive manufacturing machine maker and 3D imaging and customization software developer 3D Systems announced that it has purchased a majority share in French 3D printer manufacturer Phenix Systems.
Foundry Magazine reports that industry analysts estimate 3D Systems will pay roughly $20 million for the 80 percent share in a deal that will close by the end of July. Following that close, 3D Systems has already stated its intention to purchase the remaining 20 percent stake.
Phenix Systems manufactures direct metal laser sintering (DMLS) 3D printers, which use lasers to fuse metal powders into CAD-designed shapes. The technology is used to make prototypes and production parts from stainless steel, tool steel, super alloys, non-ferrous alloys, precious metals, and alumina for the aerospace, automotive, and biomedical industries.
Watch the video below for more information about DMLS.