3D Systems acquired Sycode for $0.5 million, a transaction completed in April 2011, structured as Asset purchase, all cash.
Sycode operates in Products, is based in India. 3D Systems acquired SYCODE, a software developer headquartered in Goa, India, as part of its 2011 build-out of design software. SYCODE specialized in plug-ins and add-on tools that extend widely used commercial CAD packages. The acquisition broadened 3D Systems' software capabilities feeding its content-to-print strategy.
Add CAD plug-in software capabilities.
Integrated into the Company; revenue in products revenue.
Advisory firms were not disclosed for this transaction.