3D Systems to buy Vidar for $137M

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3D systems will acquire Vidar Systems. The news is part of a wider announcement in which the Contex Group, a subsidiary of Ratos, signed an agreement to sell its subsidiaries Vidar Systemes and Z Corporation to 3D Systems for $137 million.

The acquisition is subject to customary closing conditions, including regulatory approvals, and is expected to close promptly after those approvals are obtained. It is hoped that the closing can occur by the end of 2011 or early in 2012, according to a statement issued by Herndon, Va.-based Vidar.