ROCK HILL, S.C., July 29, 2013 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) announced today that Tianjin Real Estate Development Management Co., Ltd. in Northern China has begun selling its complete portfolio of personal and professional 3D printers.
GE's purchases could drive additional 3-D printing M&A activity. But they also mean 3-D printer makers will be dealing with another deep-pocketed competitor.
U.S. Stocks held slight gains through the afternoon after weaker U.S. services activity pushed back the chances of a September interest rate hike.
Weaker chances of a rate hike when the Federal Reserve meets in two weeks left Wall Street in a bright mood on its return from the long Labor Day weekend.
GE is most likely to pursue smaller tack-on acquisitions instead of the megadeals seen last year.