Materialise is the Latest 3-D Company to IPO but With Focus on Software and Services

Materialise began trading Wednesday and the company's CEO explains it is not just a 3-D printing company, but a software and manufacturing services provider as well.
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Materialise started trading on the NASDAQ Wednesday and the company's CEO, Wilfried Vancraen, explains the compay is not just a 3-D printing company, but is unique in the fact that is it a 3-D printing software and manufacturing services provider. Materialise is already profitable and growing organically, although management is also looking at acquisition candidates as the industry expands. Vancraen believes that 3-D printing is a fundamental manufacturing technology that is going to take a major role in the manufacturing market, particularly medical devices like patient-specific implants. TheStreet's Jill Malandrino has details from Wall Street.