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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.