William Blair Analyst On GE-3D Systems Takeover Rumor: 'I'm Not Sure They Believe In Owning A 3D Printing Business'

When asked about a rumor that General Electric Company GE was interested in acquiring 3D Systems Corporation DDD, William Blair & Company Analyst Nicholas Heymann said that GE has a lot on its plate to get done first.

“GE is a big believer in 3D printing, but I’m not so sure that they believe they have to own the business,” he said.

Heymann added that GE’s first job should be to close and integrate Alston Energy, which was one of its biggest acquisitions ever, in addition to closing the divestiture of its appliance business.

GE ended the trading session 1.10 percent higher, and 3D Systems closed 1.98 percent up.