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3D Printing Heats Up as Stratasys and MakerBot Complete Merger

Stratasys and MakerBot Logo

A couple of months ago, Israeli based 3D printer firm Statasys, announced their plans to acquire MakerBot for around USD$403 million in stock. The company has just announced that the merger has been finalised:

Minneapolis, MN; Rehovot, Israel, August 15, 2013 – Stratasys, Ltd. (NASDAQ: SSYS), the leader in professional 3D printing, and MakerBot, the leader in desktop 3D printing, today announced the completion of their merger first announced on June 19th.

The final details of the acquisition have been stated as:

Consistent with the terms of the merger, Stratasys will issue up to 4.7 million of its shares in exchange for 100% of the outstanding capital stock of MakerBot.

Now that the legalities are out of the way, it will be interesting to see what sort of impact this new mega company has on the 3D printing industry. Hopefully some cheap SOHO units are just around the corner for us. 😎

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