3-D printing goes global: MakerBot merges with Israel-based Stratasys
In nearly four years, Downtown Brooklyn-based MakerBot Industries has grown into one of the world leaders of desktop 3D printing, their vision and steadily growing product line breaking new ground long before 3-D printing suddenly became cool this Spring 2013.
Now, this Brooklyn tech startup pioneer has been acquired by Stratasys Ltd — the “leader in 3D printing and additive manufacturing” — in a merger valued at approximately $403 million in stocks.
MakerBot’s CEO Bre Pettis said at a Thursday press conference that the merger will not affect the company’s products, staffing levels, and general brand identity; it will simply operate as a subsidiary of Stratasys, which is based in Israel.