Stratasys and Desktop Metal will combine to create a next-generation additive manufacturing company, according to a Thursday announcement. The all-stock transaction “will accelerate our growth trajectory by uniting two leaders to create a premier global provider of industrial additive manufacturing solutions,” says Yoav Zeif, CEO of Stratasys. The newly merged company is projected to generate $1.1 billion in 2025 revenue.
Learn more: Stratasys to Buy Desktop Metal for $1.8 Billion