Author: Duyelika Mohan


Duyelika Mohan is a seasoned content writer working primarily in ed-tech and finance. With an educational background in finance, she always seeks to expand her skill set and explore new writing niches. When not writing, she can be found curled up with a book or baking.

3D Printing Giants Merge in $1.8 Billion Deal - Asiana Times

Stratasys, the popular 3D printer maker, said on Thursday, it will be merging with Desktop Metal for $1.8 billion. The merger will be done entirely with stocks. Stratasys, based in Israel, has rejected several offers for takeover by Nano Dimension Ltd, its largest shareholder. Nano currently has a 14.2% stake in Stratasys but tried to boost it to 53% to 55% by a hostile takeover. While Desktop Metals went on an acquisition spree of other companies in 2021. The merger will combine the polymer advantages of Stratasys with the mass production capacities of Desktop Metal. This will put them in…

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