3D Systems (DDD) CEO Reichental Admits He's Worried About HP (HPQ) Entry Into 3D Market (VIDEO)

3D Systems Corp. (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 (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.”

You May Also Be Interested In

• VinFast (VFS) agrees deals with 12 new car dealers in US, stock jumps
• Peapack Private (PGC) Appoints Greg Tamberlane as SVP, Head of Commercial Bank Operations New York
• SilverBow Resources (SBOW) Sends Letter to Shareholders Highlighting Path Forward for Value Creation