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Nano Dimension Acquires Markforged and Positions Itself as a Market Leader
Last night, Israeli manufacturer Nano Dimension announced its intention to acquire Markforged, an American 3D printing solution provider, renowned in particular for its composite machines. Nano Dimension has agreed to buy all the outstanding shares of the American company, in&hel
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Last night, Israeli manufacturer Nano Dimension announced its intention to acquire Markforged, an American 3D printing solution provider, renowned in particular for its composite machines. Nano Dimension has agreed to buy all the outstanding shares of the American company, in an all-cash transaction, for $5 per share. The two companies will hold a conference call later today to discuss the transaction with investors.
This is inevitably important news for the market, and a particularly strong announcement from Nano Dimension. The manufacturer is clearly demonstrating its desire to dominate the market, a few months after the announcement of its intended takeover of Desktop Metal. This merger will bring cumulative sales to $340 million by 2023.
Nano Dimension specializes in additive manufacturing for electronics
When you think of Nano Dimension, you’re bound to think of the whole saga that unfolded last year with Stratasys. The two giants have offered us a few twists and turns concerning potential mergers. Just imagine if one were to acquire the other: the additive manufacturing market would have an undisputed leader, with an extremely varied portfolio. And that’s just what we’re beginning to see with Nano Dimension.
More from the desk
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