Stratasys announces Origin acquisition

Stratasys has signed an agreement to acquire 3D-printing start-up Origin Inc in a transaction for total consideration of up to $100m, including cash and stock. The merger enables Stratasys to expand its business through innovation in the fast-growing mass production parts segment with a next-generation photopolymer platform. Stratasys expects Origin’s proprietary Programmable PhotoPolymerisation (P3) technology to be an important growth engine for the company, adding up to $200m in incremental annual revenue within five years. The company plans a full global launch by mid-2021.

For further information www.stratasys.com

Leave a Reply

Your email address will not be published. Required fields are marked *