Stratasys to Acquire MakerBot, Merging Two Global 3D Printing Industry Leaders
Rumors about the aquisition have been swirling around the internet for the last few weeks. Yesterday, it became official. Stratasys, Ltd. will aquire Makerbot in a deal worth over $400 Million.
According to yesterday's Press Release , "Stratasys intends for MakerBot to operate as a separate subsidiary, preserving its existing brand, management, as well as the spirit of collaboration it has built with its users and partners. Together with Stratasys, MakerBot will continue to innovate, expand its product offering, provide attentive service to its users and make more 3D printing content available through Thingiverse.com."
The merger is set to be completed during the 3rd quarter of 2013.
Read the full press statement here.
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