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Slide #42. Stratasys Ltd. — MakerBot
Stratasys Ltd. (NASDAQ:SSYS)
Stratasys Ltd., the leader in 3D printing and additive manufacturing, and MakerBot, the leader in desktop 3D printing, announced the signing of 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.
Stratasys is a provider of applied additive technology solutions for industries including aerospace, automotive, healthcare, consumer products and education. Co. operates a 3D printing ecosystem of solutions and capability, comprised of advanced materials; software with voxel level control; precise, repeatable and reliable fused deposition modeling 3D printers (utilizing proprietary FDM technology) and inkjet-based 3D printers (utilizing proprietary PolyJet technology); application-based services; on-demand parts and key partnerships. Co.'s services offerings include Stratasys Direct Manufacturing printed parts service as well as its other services.
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Hold (1.80 out of 4)