Friday, May 15, 2015
PADT Buys 3D Printing Unit of CADCAM Systems
Tempe, Arizona-based Phoenix Analysis & Design Technologies (PADT), a provider of 3D printing products and services, said this week that it has acquired the Stratasys Reseller business of Boulder-based CADCAM Systems. Financial details of the buy were not disclosed. PADT said the acquisition makes it the largest distributor of 3D Printing systems to commercial customers in the Four Corners region. Both PADT and CADCAM Systems provides 3D printing sales and support, particularly in the high end professional/commercial market. The two said the acquisition will not impact employment at either company. PADT says it now has over 75 employees, split between its headquarters at Arizona State University Research Park in Tempe, Arizona; Littleton, Colorado; Albuquerque, New Mexico, and Murray, Utah.