Stratasys to merge with Desktop Metal in a $1.8bn deal.

Stratasys, a 3D printing solutions provider, agreed to merge with Desktop Metal, a public American technology company, in a $1.8bn deal. “We believe this is a landmark moment for the additive manufacturing industry. The combination of these two great companies marks a turning point in driving the next phase of additive manufacturing for mass production. We are excited to complement our portfolio of production metal, sand, ceramic and dental 3D printing solutions with Stratasys’ polymer offerings. Together, we will strive to build an even more resilient offering with a diversified customer base across industries and applications in order to drive long-term sustainable growth. We look forward to combining with Stratasys to deliver profitability while driving further innovation for a larger customer base and providing expanded opportunities for our employees,” Ric Fulop, Desktop Metal Co-founder, Chairman and CEO.