Stratasys (SSYS) Acquisition Will Help It Compete with 3D Systems (DDD)
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Stratasys (SSYS) May See Slight Cannibalization with MakerBot Purchase, Analyst Says (DDD)
June 21, 2013 8:36 AM EDTStratasys (Nasdaq: SSYS) is coming off of a positive session on a largely negative day following its announcement that it agreed to acquire MakerBot.
JPMorgan's Paul Coster noted that the deal "probably makes sense" for Stratasys and positions it to gain entry-level... More
William Blair Sees Stratasys' (SSYS) MakerBot Deal as 'Positive'; Maintains Underperform (DDD)
June 20, 2013 8:08 AM EDTStratasys (Nasdaq: SSYS) shares are ticking higher early following the announcement that it will be acquiring MakerBot. William Blair, which rates Stratasys at Underperform, is out with a few comments on the announcement.
Analyst Brian Drab commented that MakerBot "manufactures desktop 3-D printers in the $2,200 - $2,800 price range. These printers are targeted toward individual consumers and hobbyists. Based on industry data, we estimate that MakerBot had more than 20% market share in the... More
Stratasys' (SSYS) MakerBot Purchase Provides Better Consumer Exposure (DDD) (XONE)
June 19, 2013 4:42 PM EDT3-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... 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
