MakerBot, one of the most well-known desktop 3D printing companies, has been acquired by Stratasys, the companies said Wednesday.
In a release, the companies said it was a stock-for-stock transaction worth about $403 million, based on Stratasys' stock price as of Wednesday. Stratasys will exchange 4.76 million shares of its stock for 100 percent of MakerBot's outstanding stock. By agreeing to be acquired, MakerBot becomes part of one of the leading industrial 3D printing companies. The deal also allows the publicly-traded Stratasys to compete more directly at the consumer level with 3D Systems and that company's Cube … Read more