Stratasys and Markforged: ‘The perfect match’

Key Takeaways

• Stratasys is acquiring Markforged in an all-cash transaction valued at $42.5 million
• The deal includes Markforged's technology, partner, and reseller networks, but excludes its metal binder jetting product line
• Stratasys aims to expand its distribution channels and product offerings through this acquisition
• Markforged's innovative technologies in composite and metal printing complement Stratasys' existing capabilities

Introduction to the Acquisition

Stratasys, a leading manufacturer of 3D printing and additive manufacturing systems, has announced its acquisition of Markforged, a pioneer in composite and metal printing technologies. The all-cash transaction, valued at $42.5 million, marks a significant expansion of Stratasys' capabilities and distribution channels.

Background of the Deal

The acquisition was facilitated by Nano Dimension, which had acquired Markforged's metal binder jetting product line. According to Stratasys CEO Yoav Zeif, the deal was in the works for approximately six months, after Nano Dimension initiated a strategic review of its portfolio. Stratasys was approached by bankers representing Nano Dimension and subsequently bid on the Markforged assets.

What Sets Markforged Apart

Markforged's innovative technologies in composite and metal printing make it an attractive acquisition for Stratasys. Unlike previous acquisitions, which focused on specific technologies, Markforged brings a comprehensive suite of capabilities that complement Stratasys' existing offerings. The company's expertise in continuous carbon fiber printing and FDM/FFF metal printing will enable Stratasys to expand its product portfolio and address emerging market trends.

Comparison of Stratasys and Markforged Technologies

Market Polarization and the Future of Additive Manufacturing

The acquisition is expected to have significant implications for the additive manufacturing industry, which is undergoing a period of polarization. Stratasys believes that the market is shifting towards more specialized and focused business models, rather than the traditional "push the box" approach. By combining Markforged's innovative technologies with its own reliability and processes, Stratasys aims to create a unique offering that addresses the emerging needs of the market.

Bottom Line

The acquisition of Markforged by Stratasys marks a significant expansion of the company's capabilities and distribution channels. With a combined portfolio of innovative technologies and a strong market presence, Stratasys is well-positioned to address the emerging trends and needs of the additive manufacturing industry. As the industry continues to evolve, the combination of Stratasys and Markforged is expected to drive growth and innovation, enabling the creation of complex and functional parts with unprecedented precision and accuracy.