Stratasys to acquire 3D printing company MakerBot for $403 million in stock

Stratasys, an Israeli-based 3D printer and additive manufacturer has just agreed to acquire 3D printing company MakerBot for a proposed amount of $403 million in stock. They've announced a "definitive merger agreement" where MakerBot would converge with a subsidiary of Stratasys in a stock-for-stock transaction. After selling more than 22,000 3D printers since its inception in 2009, MakerBot is seen as a leader and pioneer in the 3D printing space, and about 11,000 of those sales were due to the Replicator 2 alone. MakerBot will operate as a separate entity with its own branding and marketing as part of the deal, and will provide an affordable 3D printing market for Stratasys. If all goes well with the regulators, it should be done by the third quarter of 2013.

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Source: http://www.engadget.com/2013/06/19/stratasys-to-acquire-3d-printing-company-makerbot/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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