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Shapeways Acquires Thangs to Establish New Creator Ecosystem
3D printing service provider Shapeways has acquired a majority stake in the 3D file-sharing platform Thangs, taking the reins from the sites developer Physna, Inc. This acquisition represents the second phase of Shapeways management teams strategy to revive the company after its Chapter 7 bankruptcy filing in July 2024.Following Shapeways bankruptcy, the firms Eindhoven-based team and two co-founders acquired its defunct assets and restarted operations in Europe as Manuevo BV. Earlier this month, it was revealed that Manuevo purchased the Shapeways brand, website, and Eindhoven production facility, tailoring operations to professional and industrial applications.However, Shapeways bankruptcy resulted in the loss of marketplace and user data, as trustees could not transfer user-owned intellectual property. The Thangs acquisition seeks to resolve this gap in the firms infrastructure, offering a new solution the company believes exceeds Shapeways prior capabilities.The team behind Thangs really love their creators and community and they take good care of them: which is exactly in line with the original spirit of Shapeways, commented Shapeways CEO, Marleen Vogelaar. Equally importantly their 3D search technology powered by Physna protects the IP of their creators which is incredibly important to me and the rest of the management team.A range of components 3D printed by Shapeways. Photo via Shapeways. Shapeways acquires ThangsThrough the acquisition, Thangs will be renamed Thangs 3D Inc. and become a subsidiary of Shapeways. Featuring Physnas IP protection technology, the new combination will reportedly create a seamless ecosystem that spans the full 3D creation value chain.Hosting over 24 million 3D printable models, Thangs features a range of membership options that enable users to monetize their designs. By leveraging Shapeways digital manufacturing engine, designers can now sell physical products directly to customers through a new print-on-demand approach. Shapeways claims this will introduce new revenue streams to the global Thangs community. According to Vogelaar, the company is working to create the Print to Shapeways button for Thangs, expanding possibilities for those in the 3D design marketplace.Post-acquisition, Thangs will serve as the consumer-facing brand for creators and makers, while Shapeways continues to prioritize business customers. Shapeways digital manufacturing engine will power both brands.Paul Powers, CEO and Co-founder of Physna, notes The synergy between Shapeways and Thangs was clear from the start. He stated that, while focusing primarily on its B2B and government products, Physna remains invested in Thangs and will continue to support the design community and Shapeways. I believe the strong synergies between the two will drive growth and create value for both communities, Powers added.Dan Pham, Head of Community Relations at Thangs, called the acquisition a once-in-a-lifetime opportunity to empower our community of designers to grow their thriving businesses. He called additive manufacturing space an incredibly exciting frontier, with Thangs posed to provide designers with even more tools to help them succeed.Thangs home page. Image via Thangs.3D printing software acquisitions Earlier this month, US-based 3D printer manufacturer 3D Systems agreed to sell its Geomagic reverse-engineering software portfolio to Hexagons Manufacturing Intelligence Division.Worth $123 million, the deal forms part of 3D Systems strategic review to prioritize software it deems central to accelerate the adoption of its 3D printing technologies. The firm will now concentrate resources on its 3D Sprint, 3DXpert, and the Oqton Industrial Manufacturing Operating System, with Oqton said to be central to 3D Systems software strategy. 3D Systems called Hexagon, a Stockholm-based firm specializing in metrology, simulation, and design, an ideal strategic owner for Geomagic. It expects Hexagon to build a more complete scan-to-CAD workflow with its new asset.Elsewhere, industrial manufacturing firm Siemens agreed to acquire 3D design and simulation software developer Altair Engineering Inc. for approximately $10 billion. Siemens CEO Roland Busch stated that combining Altairs computational and artificial intelligence technology with Siemens Xcelerator platform will create the worlds most complete AI-powered design and simulation portfolio.In a similar move, US-based chip design software provider Synopsys sealed a $35 billion deal for engineering simulation software developer Ansys in January 2024. Synopsys hopes this acquisition will expand its customer base and market position through the silicone-to-system product sets. Ansys process simulation technology is used throughout industrial additive manufacturing to optimize 3D printing designs. Previously, 3D printing software developer Materialise integrated these process simulation capabilities with its Magics build preparation tool.Who won the 2024 3D Printing Industry Awards?All the news from Formnext 2024.Subscribe to the 3D Printing Industry newsletter to keep up with the latest 3D printing news.You can also follow us on X, like our Facebook page, and subscribe to the 3D Printing Industry Youtube channel to access more exclusive content.Featured image shows a Shapeways sign from inside its New York warehouse. Photo via Gizmodo.
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