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.