|Title||MakerBot and Ultimaker Announce Plans to Merge|
|Date||Sunday May 15, @06:27PM|
|from the open-up-our-merging-hearts dept.|
MakerBot and Ultimaker announce plans to merge – TechCrunch:
Desktop 3D printing firms MakerBot and Ultimaker this morning announced plans to merge. The new single company will be backed by NPM Capital and MakerBot-owner Stratasys and co-led by existing CEOs Nadav Goshen and Jürgen von Hollen. Existing offices will also be maintained in both Brooklyn and The Netherlands.
Both firms rode an initial wave of excitement around additive manufacturing 10 to 15 years ago, becoming two of the most prominent players in the desktop 3D printing space. MakerBot was founded in 2008 as an offshoot of the open source RepRap project. In 2013, the company was acquired by industrial 3D printing giant Stratasys. Founded in Utrecht, Netherlands in 2011, Ultimaker's team was similarly formed around attempts to productize the RepRap project.
[...] The newly formed company will spin out from Stratasys, though the parent company will maintain a minority (45.6%) stake. NPM Capital will control the other 54.4%.
[...] Pending regulator approvals, the deal is expected to close in Q2 or Q3.
Are any of our community 3D printer users? What are you experiences? Has it lived up to your expectations? And the question that I'm sure everyone has asked - what have you made?
printed from SoylentNews, MakerBot and Ultimaker Announce Plans to Merge on 2022-08-19 08:54:02