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Desktop Metal to Acquire EnvisionTEC with its complete IP Portfolio

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Desktop Metal, Inc. (NYSE: DM), a leader in mass production and turnkey additive manufacturing solutions, announced the signing of an agreement to acquire EnvisionTEC, a leading global provider of volume production photopolymer 3D printing solutions for end-use parts. The complete deal is valued at $300 million, consisting of a combination of cash and newly issued Desktop Metal stock.

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GLOBAL NEWS

Desktop Metal to Go Public with an Estimated Post-Transaction Equity Value of $2.5 Billion

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Boston-based Desktop Metal, Inc. – a leader in mass production and turnkey additive manufacturing solutions, announced in an official release that it will become a publicly listed company in order to accelerate its growth trajectory within the rapidly growing additive manufacturing market and capitalize on the strong secular tailwinds supporting the reshoring of manufacturing and supply chain flexibility.

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