Stratasys to acquire Makerbot

stratasysTwo of the leaders in the worldwide 3D printing Industry are going to merge.   Stratasys Ltd. has announced the acquisition of MakerBot, with privately held MakerBot having agreed to merge with a subsidiary of Stratasys in a stock-for-stock transaction.

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Under the terms of the merger agreement, Stratasys will initially issue approximately 4.76 million shares (currently valued at $403 million) in exchange for 100% of the outstanding capital stock of MakerBot.

The amalgamation of these two industry leaders is expected to drive faster adoption of 3D printing for multiple applications and industries.

MakerBot, (founded in 2009), has helped to develop the desktop 3D printing market and has built the largest installed base of desktop 3D printers by making 3D printers accessible and affordable. The company has sold more than 22,000 3D printers since 2009 – with the MakerBot Replicator 2 Desktop 3D Printer accounting for half of those sales in the last 9 months alone.

The merger enhances Stratasys’ leadership position in the rapidly growing 3D printer market, by enabling Stratasys to offer affordable desktop 3D printers.

 

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