Desktop Metal, Inc., a leader in additive manufacturing mass production solutions, has announced that it is set to acquire the ExOne Company.
Desktop Metal announced that it has acquired Aerosint, a pioneer in selective powder deposition technology systems for AM solutions.
3D Hubs announced it has rebranded to ‘Hubs’ to better reflects the wide range of online manufacturing services the company offers.
Protolabs anticipates the acquisition of 3D Hubs will accelerate its revenue growth rate and be marginally dilutive to non-GAAP earnings per share in 2021. 3D Hubs’ 2020 revenue is estimated to be $25 million and the company’s revenue has had a compound annual growth rate of over 200% since 2017. The transaction is expected to close by the end of January, subject to customary closing conditions.
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