Raleigh 3D printing company FineLine acquired for $38m

FineLine Prototyping, a 3D printing company based in Raleigh, has been acquired by publicly traded Proto Labs for $38 million.

Maple Plain, Minn.-based Proto plans to continue to operate the FineLine facility out of Raleigh and expects to retain all key employees, according to a release announcing the deal.

FineLine had revenues of about $9.7 million last year.

The company provides stereolithography, laser sintering and metal laser sintering services to corporate customers in a number of industries, including aerospace, consumer products, medical and computers and electronics.