3DPrint.com August 3, 2023
3D printing stalwart Stratasys (Nasdaq: SSYS) signaled the next stage of consolidation in the additive manufacturing (AM) market when it announced its intention to acquire newcomer Desktop Metal (NYSE: DM). Since then, it has entered talks with 3D Systems (NYSE: DDD) to determine if a signed offer from its long-time competitor fits the definition of a “superior proposal,” as outlined in its deal with Desktop.
At the same time, Nano Dimension (Nasdaq: NNDM) has over $1.2 billion in cash and 14.1 percent of Stratasys shares with which to wield influence. Nano previously expressed interest in possibly combining with Stratasys and 3D Systems, yielding the possibility that all four firms could merge. However, in its most recent press release, Nano instead...
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