Jul 22 2014
With the robust 3D printing market showing no signs of slowing, forward-thinking technology company Changing Technologies, Inc. is exploring new acquisition targets in the booming 3D printing sector that continues its rapid evolution.
The 3D printing market is projected to surpass $16 billion globally in less than five years, which may be a conservative estimate as big box retailers continue to announce their intentions to enter the space as consumer demand for the technology skyrockets. CHGT is making plans to move forward with new acquisitions as it works to develop new innovations to personalize 3D printing technology for the consumer end user and capitalize on this robust market.
“3D printing technology presents exciting opportunities, and we are looking for new ways to exploit them every day,” CHGT CEO Omar T. Durham said. “Adding new acquisitions to our portfolio potentially allows us to capitalize on the tremendous financial gains we expect the personalized 3D printing market segment to experience in the coming months and years.”
Changing Technologies, Inc. is an emerging technology company focused on developing innovative concepts to bring to consumers. It recently created a new subsidiary — 6th Dimension Technologies — to pursue additional growth areas and market needs in the booming 3D printing sector. Changing Technologies, Inc. is in the cutting-edge technology sphere alongside companies including Voxeljet AG (NYSE: VJET), Arcam AB (OTCBB: AMAVF), and ExOne Co. (NASDAQ: XONE).
For more information on CHGT, please visit www.changingtechno.com/investors.
Source: http://www.changingtechno.com/