4 ms·
First off, it was $200M cash and $400 newly issued stock. They'll have to get the shareholders to approve, but seeing as they're pretty well up in after-hours,
by aray 13y ago
First off, it was $200M cash and $400 newly issued stock. They'll have to get the shareholders to approve, but seeing as they're pretty well up in after-hours, I don't think that will be a problem.
Also they had a $10M round just recently, so those investors are going to want to cash out.
After that, theres rumors that their last year broke $70M in revenues (after $10M in revenues the year before), and they're not really slowing down.
So, all things considered its a high price, but I dont think $200M cash isn't too much to fork over.
The big question will be how they handle it. Will they start persuing all the other (much smaller) 3D printing companies for infringement? Will they just give makerbot more resources and freedom and tell them to keep doing their thing? Will they make their (professional) CAD software compatible with Makerbots printers and software, allowing a clean upgrade path between low-end and high-end printers? We'll see, but apparently Stratasys has high hopes for what they can do with it.
- gaadd33 13y agoIsn't it a 200M earn out after 12 or 18 months and 400M in stock right away? 200M cash is likely more money than Stratasys has on hand right now given their balance sheet.