3D printing is on the news again. This time for an acquisition we reported about one and a half week ago. Just like we expected, the industrial 3D printing company Stratasys has acquired consumer 3D printer maker MakerBot.
The deal has been reported to be a stock-for-stock transaction worth $403 million (based on Stratasys’s current stock price). MakerBot will work as a subsidiary of Israel-based Stratasys. However, Makerbot won’t be shifting its office from USA to Israel.
The deal will be beneficial for both the companies. Industrial 3D printer maker Stratasys will be able to enter the desktop 3D printing market, and MakerBot will get access to better technology knowhow and more resources behind marketing and distribution.
Thanks to: TechCrunch