MakerBot, a subsidiary of Stratasys, and Ultimaker, the two global leaders in desktop 3D printing, today announced that they are merging their businesses to accelerate the adoption of additive manufacturing by providing a comprehensive desktop 3D printing ecosystem of hardware, software, and materials.
The new entity will be supported by existing investors NPM Capital and Stratasys, as well as a $62.4 million cash investment to fuel innovation and expansion into new markets and drive the adoption of additive manufacturing. Nadav Goshen, current MakerBot CEO, and Jürgen von Hollen, current Ultimaker CEO, will serve as Co-CEOs, with Nadav managing operations and R&D and Jürgen managing the commercial functions.
Adoption of Additive Manufacturing
“This merger marks an important milestone for Ultimaker and MakerBot. Innovation and growth are both critical to bringing desktop 3D printing from a specialty technology into mainstream business adoption. The new company will leverage and expand its combined global footprint with sales and operations in the Americas, EMEA and APAC.”– Jürgen von Hollen, CEO of Ultimaker
The new company intends to provide simple and accessible desktop 3D printing solutions for any application, while also inspiring the industry to a future state of responsible and sustainable manufacturing thereby accelerating the adoption of additive manufacturing.
“Technological innovation is paramount in growing the availability of easy-to-use professional 3D printing solutions. By combining our teams and leveraging the additional funding, we can accelerate the development of advanced solutions to provide our customers with a broad portfolio of hardware and software solutions to serve a wide spectrum of customers and applications.”– Nadav Goshen, CEO of MakerBot
The new company will maintain headquarters in both The Netherlands and New York, USA. The transaction is subject to consultation of appropriate employee representative bodies and regulatory approvals, with closing currently expected over the course of the second or third quarters of 2022.
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