Announced
Financials
Sources
Tags
3d printers
Private
Acquisition
Single Bidder
Cross Border
United States
Electronic Components and Equipment
Friendly
Majority
Pending
Synopsis
Stratasys, an American-Israeli manufacturer of 3D printers and 3D production systems, agreed to acquire Origin, a 3D printing start-up, for $100m. "Our customers are looking for additive manufacturing solutions that enable use of industrial-grade resins for mass production parts with process and quality control. We believe Origin’s software-driven Origin One system is the best in the industry by combining high throughput with incredible accuracy. When combined with Origin’s extensive materials ecosystem and our industry-leading go-to-market capabilities, we believe we will be able to capture a wide range of in-demand production applications on a global scale. Together with our intended entry into powder bed fusion technology, the acquisition of Origin reflects another step in fulfilling our objective to lead in polymer additive manufacturing by offering comprehensive, best-in-class technologies and solutions to create a fully digital additive value chain, designed for Industry 4.0 integration," Yoav Zeif, Stratasys CEO.
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