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It must be for the brand, because Stratasys already has the technology to make 3D printers. It's also defensive, because it's an all stock deal, so the acquired
by rdouble 13y ago
It must be for the brand, because Stratasys already has the technology to make 3D printers. It's also defensive, because it's an all stock deal, so the acquired team has to stay at Stratasys for a while (and not be/work for the competition) to make this worth their while.
edit: actually I forgot to do the math. if they sold $44M of stuff already, 10x that for an obviously growing business is a pretty typical exit
- drone 13y agoConsider also, that Stratasys had no answer to their biggest competitor's (3DSystems) consumer line that's been going gangbusters (Cubify). I can imagine a world where $403M worth of stock is a good trade for a well-known name, a product line with a large customer base, and profitable consumer sub-unit to compete your biggest competitor, who has the same when you don't.