Stratasys has introduced it has acquired a group of 3D printing belongings from Nexa3D.
Sharing the information on LinkedIn, the additive manufacturing firm mentioned the applied sciences can be used to “speed up the event of superior options that deal with buyer manufacturing wants on the manufacturing ground.” The corporate hasn’t but shared any specifics on which merchandise have been acquired (Replace: Nexa3D has since specified the deal consists of “IP and a few remaining gear”) or the worth of the transaction, however mentioned it believes it now has ‘the biggest and most sturdy providing of AM polymer options within the trade’.
The complete assertion reads:
We’re happy to announce that Stratasys has acquired a group of belongings from Nexa3D. Now we have the biggest and most sturdy providing of AM polymer options within the trade, and this settlement will assist speed up the event of superior options that deal with buyer manufacturing wants on the manufacturing ground.
Transferring ahead, Nexa3D clients and companions can anticipate best-effort help from iSQUARED AG, an entirely owned subsidiary, for the usage of their machines, components and supplies, in addition to a path to adoption of Stratasys’ superior additive manufacturing options.
A pioneer of the polymer FDM course of since 1989, Stratasys has expanded its know-how providing over time by way of a variety of acquisitions – together with RPS, Origin, Xaar 3D and Covestro Additive Manufacturing – and inner developments, and now counts 5 core polymer applied sciences alongside a list of superior supplies. Nexa3D, in the meantime, got here to market in 2016, led by Avi Reichental, with a portfolio of resin-based 3D printing applied sciences and later expanded into powder– and extrusion-based applied sciences by way of means of acquisition. Nexa3D additionally acquired the AddiFab Freeform Injection Molding enterprise because it aimed to turn into an additive manufacturing market chief. Nevertheless, final 12 months Nexa introduced plans to reduce its operations amidst ‘evolving market dynamics and macroeconomic pressures.’ The information got here after a spherical of redundancies after which chapter rumours, which the corporate denied. In a communication to clients and companions on the time, Nexa3D confirmed that it had confronted ‘vital funding challenges which have made it inconceivable to proceed operations of their present type.’
An announcement on Nexa3D’s LinkedIn web page relating to the acquisition reads:
Nexa3D is comfortable to share that Stratasys has acquired a group of belongings from our enterprise, together with our IP and a few remaining gear. Clients and companions can anticipate to obtain best-effort help and supplies from iSQUARED AG, an entirely owned subsidiary of Stratasys, to allow them to proceed to make use of their machines. Moreover, they’ll take pleasure in entry to Stratasys’ superior additive options.
The is the second acquisition for Stratasys this 12 months after it acquired key belongings and operations of Ahead AM Applied sciences GmbH, which spun out of BASF final summer time and filed for insolvency in direction of the tip of 2024.
