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15 August 2023
Xerox Exits 3D Printer Market
ROCHESTER . NEW YORK—
Xerox has sold its 3D manufacturing business division to US-based metal additive manufacturing company ADDiTEC. The sale of Xerox’s 3D manufacturing capabilities comes as the company looks to refocus its strategic priorities and investments onto its core business.These include print, IT and digital services.
As part of these efforts, Xerox has also donated PARC to SRI International, and sold the Xerox Research Center of Canada to Myrant Capital Partners earlier this year. The financial terms of the transaction have not been disclosed, the existing Xerox 3D division staff will be hired by ADDiTEC as part of the deal.
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