BUSINESS
August 8, 1995
3D Systems Corp., a Valencia-based company whose products are used to make three-dimensional models based on computer-generated designs, reported a nearly threefold increase in earnings for the second quarter that ended June 30. The company posted a profit of $1.41 million, compared to a $506,675 profit in the same three-month period a year earlier. The company also reported record quarterly sales of $14.7 million, up 41% from $10.4 million a year earlier.
BUSINESS
February 25, 1992
3D Systems Inc. said it has settled patent litigation between the Valencia-based company and a Quadrax Corp. subsidiary. 3D produces machines that use a laser and chemicals to rapidly make prototype models of industrial parts and other products. The company had claimed in 1990 that Quadrax Laser Technologies Inc., a unit of Portsmouth, R. I.-based Quadrax Corp., had infringed certain existing and pending patents held by 3D.
BUSINESS
October 23, 2003 | From Bloomberg News
3D Systems Corp., which makes three-dimensional imaging systems, said it received a subpoena from the Securities and Exchange Commission for documents as part of a formal investigation of the company. 3D on June 30 said the SEC was checking into how the Valencia-based company recognized revenue, according to a regulatory filing. The company "intends to continue to cooperate fully with the SEC," it said in a filing.
BUSINESS
September 23, 1997
3D Systems Corp. said Monday that it has completed its $3.25-million acquisition of a rapid prototyping product line from EOS GmbH of Germany, its major competitor in Europe. 3D, which is a Valencia-based supplier of solid-imaging systems, will also grant EOS exclusive licenses to its laser patents.
BUSINESS
November 12, 1996
3D Systems Corp., a Valencia-based supplier of solid-imaging systems used by manufacturers to make prototypes and tooling quickly, has opened a $5-million manufacturing facility in Grand Junction, Colo. The company said that all new production will be done at the Grand Junction plant. Although its corporate headquarters will remain in Valencia, 3D Systems said that several other departments have been moved to the new facility, including engineering and customer service.
BUSINESS
December 28, 1993
3D Systems Corp., a Valencia-based maker of computer-imaging systems, said Texas Instruments Defense Systems & Electronics Group has agreed to buy two of 3D Systems' top-of-the-line systems valued at $940,000. 3D Systems' product, like other solid-imaging systems, uses what is called stereolithography technology to produce rapid prototyping, used by companies to design and manufacture parts.