3D Systems CEO Worries About HPQ Entry

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3D Systems CEO Worries About HPQ Entry

3D Systems Corporation (NYSE:DDD) President and CEO Avi Reichental spoke with FOX Business Network’s (FBN) Liz Claman about the 3D printing industry. When asked whether he’s worried about Hewlett-Packard Company (NYSE:HPQ) getting into the 3D printing market, Reichental said, “I have been worried for quite some time, which is why we have launched more than 24 new products in the last three months, which is why we acquired the Xerox Wilsonville R&D team to begin to catapult our capabilities forward.”

Excerpts from the interview are below.

On whether he’s worried about Hewlett-Packard getting into the 3D printing market:

“I have been worried for quite some time, which is why we have launched more than 24 new products in the last three months, which is why we acquired the Xerox Wilsonville R&D team to begin to catapult our capabilities forward. And in the meantime HP keeps moving the date further out.”

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