Stratasys to Buy MakerBot in $403 Million Deal
Big news in the extruded molten thermoplastic, layered photopolymer world of 3D printing: privately held MakerBot has agreed to merge with Stratasys in a stock-for-stock deal valued at $403 million (based on Stratasys’ stock price at yesterday’s market close). The deal is expected to close by October.
Founded in 2009, Brooklyn-based MakerBot is the most recognized name in desktop 3D printers–its Replicator 2 will be available on Amazon later this month–and Stratasys, formed last year by the merger of Stratasys and Objet, plans to preserve the MakerBot brand, management, and “spirit of collaboration it has built with its users and partners.”
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in