Markforged Moves into Binder Jetting Market With Digital Metal Acquisition

In more exciting business news from the additive manufacturing market, leading carbon fiber and metal 3D printer manufacturer Markforged has announced that it has entered a definitive agreement with Höganäs AB to acquire Digital Metal. This move will allow the manufacturer, which up until now has focused on extrusion processes, to move into the binder jetting market. Specifically, they are aiming at metal binder jetting as a way to allow for mass production of end-use metal parts.

Over the past year or so, we have seen significant movements not just between companies due to mergers and acquisitions, but also in terms of expanding technology offerings. For example, 3D Systems recently re-entered the FDM market through two new acquisitions among other examples. Moreover, Markforged’s aim to enter the binder jetting market is particularly significant. After Desktop Metal’s acquisition of ExOne last year, the company has had virtually no American competition in the binder jetting sector. The entry of Markforged could shake up the market in the long term.

Through this acquisition, Digital Metal printers will become part of Markforged’s Digital Forge, a cloud-based platform bring all Markforged’s products together in one offering (photo credits: Markforged)

What to Expect From the Deal Between Digital Metal and Markforged