Objet and Stratasys Merge to Become a Leader in 3D Printing

Objet and Stratasys Combine to Create a Leader in 3D Printing

Stratasys, Inc. a leading manufacturer of 3D printers and production systems for prototyping and manufacturing applications, and privately held Objet Ltd., a leading manufacturer of 3D printers for rapid prototyping, today announced that the boards of directors of both companies have unanimously approved a definitive merger agreement under which the companies would combine in an all-stock transaction with a combined equity value of approximately $1.4 billion. The transaction will position the combined company as a leader within the high-growth 3D printing and direct digital manufacturing industry.

 David Reis Quote

 

For more details on the merger, read the entire Press Release here.

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