Desktop Metal to acquire EnvisionTEC for $300m.

Desktop Metal, a mass production and turnkey additive manufacturing solutions provider, agreed to acquire EnvisionTEC, a provider of professional-grade 3D printing solutions, for $300m. "I’m thrilled to partner with Al and the EnvisionTEC team to bring significant growth to the additive market. EnvisionTEC is a true pioneer and responsible for many of the leading technologies widely used today to produce end-use photopolymer parts through additive manufacturing. Together, Desktop Metal and EnvisionTEC have an opportunity to shape the future of Additive Manufacturing 2.0 and transform how parts are made around the world. I look forward to welcoming EnvisionTEC to the Desktop Metal team to deliver world-class additive manufacturing solutions that help make our customers successful," Ric Fulop, Desktop Metal Founder and Chief Executive Officer.