Why You Decide to Sell a Successful Company

Ping Fu shares her story.

Brendan Byrnes
Brendan Byrnes
Feb 2, 2013 at 5:00AM
Industrials

Ping Fu, author of Bend, Not Break, founder and CEO of Geomagic, and incoming chief strategy officer at 3D Systems (NYSE:DDD), tells the incredible story of her struggles as a child.

The following transcript is lightly edited. 

Brendan: So you built Geomagic into a successful company and recently decided to sell it to 3D Systems. Why did you decide to sell?

Ping: I didn't. I wish I could run it forever, but we do have investors in the company and 3D Systems and Geomagic have a long history. I've known them since I started my business, and I've known Avi [Reichental], their current CEO, for 10 years now. I think right now is a taking-off period for the 3-D printing's market and also for advanced manufacturing. It's not just for 3-D printing; it is for any type of on-demand manufacturing I'm really interested in helping. I think 3D Systems provides a great platform for me to push the envelope, and Geomagic standing alone doesn't quite give me that platform to do it.