At least three investment banks upgraded their price targets on 3D Systems (DDD) stock Wednesday, a day after the maker of 3D printers held an analyst event at a industry trade show in Frankfurt, Germany. 3D Systems unveiled new products at the show, spanning several 3D printer platforms. The products can use a wide range of materials, including metals. It also showed off a printer targeted at the dental market. Bobby Burleson, an analyst with
Stratasys (SSYS) could add to its product portfolio by acquiring a company specializing in the metal 3D printing, says FBR Capital, which initiated coverage on Stratasys and 3D Systems (DDD), both with outperform ratings. While Stratasys could be on the prowl for an acquisition, 3D Systems has already made a savvy purchase in the metals market, says FBR Capital analyst Ajay Kejriwal. “A key contributor to 3D Systems’ growth has been its aggressive
Apple (AAPL) has confirmed its acquisition of PrimeSense, a developer of 3D machine vision technology, but what it plans to do with it remains a mystery. “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,” Apple (AAPL) spokeswoman Kristin Huguet said in a statement to AllThingsD. Israel-based PrimeSense is best known for providing the technology used in the Kinect sensor for Microsoft ‘s (MSFT) Xbox 360 video game console. That product uses cameras and depth sensors to capture players’ movements and incorporate them into the gameplay. Microsoft reportedly is using homegrown technology for the newest version of Kinect for its just-released Xbox One console. PrimeSense has advanced beyond the large table-top Kinect sensor to create smaller 3D sensors that can work in mobile devices. Its technology is used in devices from 3D Systems (DDD) and iRobot (IRBT). The company’s Capri product can be used in smartphones and tablets…