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Global 3D Printing Services Market Trends, Strategies, And Opportunities In The 3D Printing Services Market 2021-2030
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Stratasys, Inc (NASDAQ:SSYS) - Stratasys Acquires UK s 3D Printers And Solutions Provider RP Support
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Stratasys expands reach with Origin purchase
Origin’s P3 technology cures liquid photopolymer resin using light.
San Francisco For Stratasys Ltd., the recent acquisition of Origin Inc. expands the company s reach in the 3D printing market.
For Origin Inc., a move into a larger organization provides some financial muscle and global reach to help expand its technology.
The $100 million cash-and-stock deal closed in January, joining Origin s Programmable PhotoPolymerization, or P3, technology into Stratasys existing portfolio of 3D printing offerings.
Stratasys, based in Rehovot, Israel, expects to add up to $200 million in annual revenue within five years by acquiring the P3 technology as part of the deal.
Stratasys completes acquisition of 3D printing startup Origin
The deal adds Origin’s software-centric additive manufacturing technology based on digital light processing for production-oriented polymer applications to the Stratasys portfolio. January 6, 2021 Canadian Plastics
3D printers and 3D production systems maker Stratasys Ltd. has completed its acquisition of 3D printing startup Origin Inc., in a deal that adds Origin’s software-centric additive manufacturing technology based on digital light processing for production-oriented polymer applications to the Stratasys portfolio.
The deal was first announced in December 2020.
San Francisco-based Origin is pioneering a new approach to additive manufacturing of end-use parts, Stratasys explained in a Jan. 5 press release. Origin One, the company’s manufacturing-grade 3D printer, uses Programmable PhotoPolymerization to precisely control light, heat, and force, among other variables, to produce
Mergers and acquisitions are good for the 3D printing industry
Industry acquisition 3D printer pioneer Stratasys bought Origin benefits both companies
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Mergers and acquisitions were cruising along at the start of 2020 until the COVID-19 outbreak. Then, like many aspects of life, M&A activity slowed to a jerky roll.
Between Q1 and Q2 2020 “the number of globally announced deals dropped from 11,304 to 8,920, with deal value decreasing from just over $555 billion to about $363 billion,” according to a report published in September by Deloitte/
The Wall Street Journal. The financial consulting firm also reported that some companies are resuming, or even accelerating, their M&A activities in preparation of a post-COVID world.
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