3D Systems (NYSE:DDD) Acquires Startup My Robot Nation

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3D Systems (NYSE:DDD) is a public company with a $1.14 billion market cap. Today, the company announced the acquisition of startup My Robot Nation, founded in December 2011 with the mantra “Robots are just the beginning.”

Describing the acquisition in a press release, 3D Systems wrote:

The acquisition of MRN underscores 3D Systems’ Cubify commitment to democratize 3D content-to-print access for kids and adults alike, unleashing creativity and allowing individuals to express themselves easily in 3D. My Robot Nation brings to Cubify proven video game principles to provide a simple, fun and amazingly flexible creative experience. Within minutes, anyone can quickly and easily create their own, unique collectible from billions of possible combinations then make it real with 3D printing.

Read more at 3D Systems.

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7 Responses to 3D Systems (NYSE:DDD) Acquires Startup My Robot Nation

  1. [...] is in the air! Last week we saw 3D Systems acquire My Robot Nation. This week, Stratasys (NASDAQ:SSYS) announced a plan to merge with Objet, Inc. in an all-stock [...]

  2. [...] solutions for aerospace and medical devices. This news comes on the heels of 3D Systems’s acquisition of My Robot Nation, and the $1.4 billion merger of Stratasys and [...]

  3. [...] the last few weeks, we have seen consolidation in the 3D printing space. Public companies are combining with startups, acquiring niche players, and increasing their market capitalizations through [...]

  4. [...] The company generated $15.8 million of cash from operations in the first quarter 2012, after incurring a $13.1 million increase in its operating expenses from expected acquisition and higher sales and marketing costs. The increase also included $2.1 million of higher R&D expenditures in support of its Cubify.com consumer initiative and expanded R&D programs in support of the businesses it acquired during the first quarter of 2012, including My Robot Nation. [...]

  5. [...] acquisition comes just weeks after the acquisitions of My Robot Nation and Paramount Industries, and Q1 results with record revenue. 3D Systems, consumer, electronics [...]

  6. [...] year ago and has grown its market cap by 40%. It has since been on an acquisition tear, picking up My Robot Nation, FreshFiber and several other companies. The 3D printer company recently reported record revenue [...]

  7. [...] consumer brand Cubify has announced a new toy line called Cubify robots. This move follows the acquisition of My Robot Nation and launch of the Cube consumer 3D [...]

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