Skip to content

Stratasys to Combine With Desktop Metal in $1.8 Billion Deal

  • Companies seek greater heft in fragmented 3D printing industry
  • Combined firm is targeting $1.1 billion in 2025 revenue
.

.

Photographer: James MacDonald/Bloomberg

Stratasys Ltd. agreed to acquire Desktop Metal Inc. in an all-stock deal that will create a leading 3D printer company valued at about $1.8 billion. 

Desktop Metal shareholders will receive 0.123 Stratasys shares for every class A share they already own, according to a statement Thursday that confirmed an earlier Bloomberg News report. That’s worth about $1.88 per share based on Tuesday’s prices, or about a 2% premium to Desktop Metal’s close that day.