Standard and Poors have added 3D Systems to their SmallCap 600 index. The index is a basket of (surprise) 600 companies whose aggregated stock prices offer insight into medium-sized company performance. 3D Systems was able to be added after one of the existing companies, Taleo, was acquired by Oracle (making it definitely not a Small Cap instrument).
We think this is an important development because of two things: first, it confirms that 3D Systems, a company dedicated to 3D printing, is large enough to be considered for this influential list. Secondly, it also means the 3D printing industry is seen as a valid and important concept in business. Those can only be good for all 3D printing companies.
3D Systems' President/CEO Abe Reichental is keynote speaker on next Thursday's inaugural Design for Manufacturing Summit in Brooklyn, New York.
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