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Slide #53. Stratasys, Inc. — Objet Ltd.
Acquirer:
Stratasys, Inc. (NASDAQ:SSYS)
Acquiree:
Objet Ltd.
Details:
Stratasys, Inc. and Objet Ltd. today announced the completion of their merger, forming a leader in 3D printing and direct digital manufacturing. The combined company will trade on the NASDAQ stock exchange as Stratasys Ltd. ("Stratasys") under the symbol SSYS beginning December 3, 2012. Based on the closing price of Stratasys, Inc. stock on November 30, 2012, the market capitalization of the new company will be approximately $3.0 billion.
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) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: SSYS Stock Forecast Based on Zacks ABR data; powered by Xignite ![]() |
