Hexagon has entered into a definitive agreement to acquire the Geomagic software business from 3D Systems. This strategic carve-out allows 3D Systems to refocus on its core additive manufacturing hardware while enabling Hexagon to consolidate its lead in the 3D metrology and inspection market. The acquisition is highly synergistic, as Geomagic’s reverse engineering and CAD modeling tools perfectly complement Hexagon’s existing sensors and software portfolio. Financially, the deal is attractive as the target generates roughly $30 million in annual revenue with operating margins that are accretive to Hexagon’s existing Manufacturing Intelligence division. The transaction is subject to customary regulatory approvals and is expected to close in the second quarter of 2025.

Geomagic is a premier suite of interoperable software packages (including Design X, Control X, Freeform, and Wrap) specializing in the transformation of 3D scan data into high-quality digital models. Its business model focuses on "reverse engineering" and precision inspection, allowing manufacturers to build history-based parametric CAD models from physical objects. Originally integrated into 3D Systems in 2013, the suite has become a historical leader in automating the processing of point clouds for product design, quality control, and industrial lamination. With approximately 100 employees, Geomagic serves as a mission-critical bridge between physical metrology sensors and digital manufacturing workflows, enabling innovative product development at speed.