Stratasys' (SSYS) MakerBot Purchase Provides Better Consumer Exposure (DDD) (XONE)
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3-D printers are on watch following news that Stratasys (Nasdaq: SSYS) is going to acquire MakerBot in a deal valued at $403 million.
According to MakerBot's website, the cost of a Replicator 2 unit is about $2,199.00, giving Stratasys increased exposure with 3-D printing line attainable by more consumers. This will make it more competitive for the likes of 3D Systems (NYSE: DDD) and help it diversify against EcOne (Nasdaq: XONE).
Shares of Stratasys are higher late Wednesday, while 3D Systems and ExOne are flat.
According to MakerBot's website, the cost of a Replicator 2 unit is about $2,199.00, giving Stratasys increased exposure with 3-D printing line attainable by more consumers. This will make it more competitive for the likes of 3D Systems (NYSE: DDD) and help it diversify against EcOne (Nasdaq: XONE).
Shares of Stratasys are higher late Wednesday, while 3D Systems and ExOne are flat.
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