3D Systems expects recent acquisitions to boost 2015 profit

By Arathy S Nair (Reuters) - 3D printer maker 3D Systems Corp said it expected higher profits in 2015 as the company planned to "moderate its M&A activities" and focus on leveraging recently-acquired assets. Shares of the company, which acquired software provider Cimatron, 3D printer products distributor Robtec and 3D printer maker botObjects in 2014, rose as much as 8 percent on Thursday. 3D Systems also forecast 2015 adjusted profit and revenue in line with analysts' estimates. Rival Stratasys Ltd forecast 2015 profit well below analysts' expectations earlier this month and said it planned to raise spending to expand its product offerings.



via Tech News Headlines - Yahoo News http://ift.tt/18oXfRB