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DOJ clears way for 3D's DTM buy.(3D Systems Corp.)(DTM Corp.)

The Daily Deal

| August 16, 2001 | COPYRIGHT 2003 The Deal LLC. (Hide copyright information)Copyright

Byline: Jaret Seiberg

WASHINGTON -- The Department of Justice dropped an antitrust challenge to 3D Systems Corp.'s $45 million acquisition of DTM Corp. after the companies agreed Aug. 16 to license technologies used to create three-dimensional computer designs.

The settlement is the latest example of the government's intolerance for "three-to-two" mergers. These are deals where two of the three competitors in a given market decide to combine. 3D Systems and DTM control 80% of the domestic prototyping market. The other competitor is Eden Prairie, Minn.-based Stratasys Inc.

3D Systems will license patents to a company that already manufactures rapid …

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