Stratasys and Desktop Metal to merge in deal worth $1.8 billion
newscatcher
2023-05-25 12:30
Stratasys and Desktop Metal to merge in deal worth $1.8 billion
Stratasys and Desktop Metal have announced they have entered into a definitive agreement where the two companies will combine in an all-stock transaction valued at around 1.8 billion USD. The companies say the deal unites the polymer strengths of Stratasys with the complementary industrial mass production leadership of Desktop Metal's brands. The press release confirming the deal, which was first reported late in the night on Wednesday May 24, said that the combined company is expected to generate 1.

https://www.tctmagazine.com/additive-manufacturing-3d-printing-news/latest-additive-manufacturing-3d-printing-news/stratasys-in-talks-to-merge-with-desktop-metal/

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