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3D printer company Nano Dimension buys a sizable chunk of Stratasys shares
- July 19, 2022
- News Release
- Additive Manufacturing
After acquiring ceramic 3D printing specialist Admatec in early July—and buying five other companies the past 15 months—electronics 3D printer manufacturer Nano Dimension Ltd. announced on July 18 that it owns 12.1% of the outstanding shares of Stratasys Ltd. That percentage represents 8.05 million shares.
Stratasys, an American/Israeli supplier of additive manufacturing hardware, software, materials, and services, had revenues of $521 million and $607 million in 2020 and 2021, respectively. Revenues for Nano Dimension, which has offices in Israel, the U.S., Germany, and Australia, were $3.4 million in 2020 and $10.5 million in 2021.
The latter company’s chairman and CEO, Yoav Stern, said, “The purpose of Nano Dimension buying Stratasys shares is the formation of a strategic investment in a market leader which is well-established in a relatively seasoned market segment, while Nano Dimension’s disruptive technologies in AME (additively manufactured electronics) and 3D metal printing supply its shareholders with value created by accelerated growth and expansion curves. Hence, an investor in Nano Dimension will gain from its value creation in ‘blue ocean’-type AM sectors plus having a strategic upside from investment in Stratasys, which enjoys a commanding presence in large, stable, more mature, mostly polymer-based AM technologies.”
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
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