Ping Fu, author of Bend, Not Break, founder and CEO of Geomagic, and incoming chief strategy officer at 3D Systems (NYSE: DDD), tells of her journey from being a penniless newcomer to the United States, to an incredibly successful CEO.
The following transcript is lightly edited.
Brendan Byrnes: One of the interesting things about 3D Systems is it's been very highly acquisitive and it's bought dozens and dozens of companies over the past years. Do you see that continuing specifically with 3D Systems and this consolidation buying up some smaller players?
Ping Fu: I think the importance is not so much about consolidation but about creating a more complete product line, more streamlined workflow, more affordable solutions for customers. Most important is the customer experience. We will continue to do that if it makes sense. I remember Jack Stack, who wrote the book The Great Game of Business -- he told me that great business starts with innovation. Then you focus on product, then you focus on market, then you focus on building companies. 3D Systems is really in the stage of building companies.
- Bend, Not Break Website: www.bendnotbreak.com
- Twitter: https://twitter.com/pfugeomagic
- Amazon: http://www.amazon.com/Bend-Not-Break-Life-Worlds/dp/1591845521
Brendan Byrnes has no position in any stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool owns shares of 3D Systems and has the following options: Short Jan 2014 $55 Calls on 3D Systems and Short Jan 2014 $30 Puts on 3D Systems. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Why Exact Sciences, A10 Networks, and 3D Systems Slumped Today
Find out which of these companies could face new competition.
Why 3D Systems Stock Plummeted 29% in November
The 3D printing company's stock was walloped by poor third-quarter earnings and its withdrawal of full-year guidance.
Why 3D Systems Stock Popped 11% on Monday
Piper Jaffray likes the stock ... but only a little. And the gains for the 3-D printer maker's stock based on its upgrade wound up similarly small.