Stratasys' (SSYS) MakerBot Purchase Provides Better Consumer Exposure (DDD) (XONE)
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Stratasys (SSYS) Acquisition Will Help It Compete with 3D Systems (DDD)
June 20, 2013 11:03 AM EDTYesterday Stratasys (NASDAQ: SSYS) announced a merger agreement with MakerBot. Analysts at Gabelli view the the strategic addition of MakerBot positively in terms of product expansion, potential synergies, and growth opportunity.
"Consumer market still accounts for a small portion of the... More
Stratasys (SSYS) to Acquire MakerBot in All-Stock Deal
June 19, 2013 4:20 PM EDTStratasys Ltd. (NASDAQ: SSYS) signed a definitive merger agreement whereby privately held MakerBot has agreed to merge with a subsidiary of Stratasys in a stock-for-stock transaction.
MakerBot, founded in 2009, helped develop the desktop 3D printing market and has built the largest installed base of 3D printers in the category by making 3D printers highly accessible. The company has sold more than 22,000 3D printers since 2009. In the last nine months, the MakerBot Replicator 2 Desktop 3D Printer accounted for 11,000 of those sales.
The combination of these two industry leaders is expected to... More
