Tag

Desktop Metal

All articles tagged with #desktop metal

business2 years ago•3 min saved

3D printing market sees consolidation with Stratasys, Desktop Metal, and 3D Systems acquisition proposals.

3D Systems has proposed an unsolicited bid to acquire Stratasys, following Stratasys' announcement of plans to merge with Desktop Metal. Stratasys had previously rejected a bid from shareholder Nano Dimension. The proposed acquisition by 3D Systems comes in at $7.50 in cash and 1.2507 in stock per share, just shy of Nano Dimension's $18 per share proposal. Stratasys will "carefully review" the new proposal ahead of the planned Desktop Metal deal, set to close in Q4.

via TechCrunch|

#3d-printing #acquisition #business

business2 years ago•1 min saved

Stratasys to Acquire Desktop Metal in $1.8B Deal.

Stratasys has agreed to acquire 3D printer company Desktop Metal in an all-stock deal valued at about $1.8 billion. Under the terms of the agreement, Desktop Metal holders will receive 0.123 shares of Stratasys for each Desktop Metal share. Stratasys shareholders will own approximately 59% of the combined company, and legacy Desktop Metal stockholders will own approximately 41% of the combined company. The deal is expected to close in Q4, subject to the approval of DM and SSYS holders.

via Seeking Alpha|

#3d-printing #acquisition #business

business2 years ago•7 min saved

Stratasys to Acquire Desktop Metal in $1.8B All-Stock Merger

Stratasys is set to acquire Desktop Metal in an all-share deal valued at $1.8 billion, subject to regulatory approval. The acquisition is expected to close in Q4 2023. Shares in Desktop Metal rose 30%, while Stratasys' equity decreased by 2.49%. The acquisition is expected to help Stratasys expand in the metal 3D printing segment, which is the fastest-growing segment in the industry. The combined entity is expected to unlock value via a reduction in operating costs and economies of scale.

via 3D Printing Industry|

#3d-printing #acquisition #business

business2 years ago•2 min saved

Stratasys and Desktop Metal in Merger Talks for 3D Printing Industry Dominance

Stratasys is in advanced talks to acquire Desktop Metal in an all-stock deal that could value the combined company at about $1.8 billion, according to sources. The deal would create a leading 3D printer company in a fragmented industry. Stratasys shareholders would own a majority of the combined company. The 3D printing industry is expected to expand to more than $100 billion by 2032.

via Yahoo Finance|

#3d-printing #acquisition #business