MakerBot Acquired by Stratasys for $403 Million

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MakerBot Store Grand Opening

3D Printing Company MakerBot Acquired by Stratasys

MakerBot CEO Bre Pettis has reason to be smiling. His firm was just acquired for $403 million by Stratasys.

According to a report from the Wall Street Journal, privately-held MakerBot will trade its stock for new stock issue of publicly-traded Stratasys in a transaction that expands the growth of the desktop 3D printer market.

The Wall Street Journal also released details about MakerBot’s sales of 3D printers.

MakerBot has sold more than 22,000 3D printers since it was founded in 2009 and in the recent first quarter it generated total revenue of $11.5 million. The company’s products are increasingly used by so-called prosumers, including engineers, designers, architects, manufacturers who buy high-tech products or equipment, and consumers for personal applications.

This is Stratasys’ second large deal in the last year. In December, Stratasys merged with Objet to create a $3 billion juggernaut.

We’ve reached out to MakerBot for comment.

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11 Responses to MakerBot Acquired by Stratasys for $403 Million

  1. Jon says:

    At the end of the day, Stratasys bought Thingiverse, the Makerbot itself was icing on the cake. Why? The 3D printer has little that’s proprietary while Thingiverse is a community of 3D enthusiasts.

    Jon

  2. [...] June 19, desktop 3D printer company MakerBot was acquired by Stratasys for $403 million. The next day, executives from Stratasys and MakerBot hosted a conference call with analysts to [...]

  3. [...] of the Stratasys and MakerBot 3D Printing Acquisition On June19, desktop 3D printer company MakerBot was acquired by Stratasys for $403 million. The next day, executives from Stratasys and MakerBot hosted a conference call with analysts to [...]

  4. [...] off of MakerBot’s $403 million acquisition, CEO Bre Pettis has just joined this summer’s Inside 3D Printing Conference & [...]

  5. [...] at the hacker space, NYC Resistor. By January 2009, they founded MakerBot, which has recently been acquired by Stratasys for $403 million. Much like Scott and Lisa Crump started in their kitchen, Pettis mentioned how they “started as [...]

  6. […] Stratasys, Ltd. (NASDAQ: SSYS) and MakerBot announced the completion of their $403 million merger first announced on June 19th. […]

  7. […] the New York-based desktop 3D printer startup that was recently acquired by Stratasys for $403 million, now officially has a new product line: desktop 3D […]

  8. […] 3D printer leader MakerBot, sellers of the $2,200 Replicator 2 desktop 3D printer, was recently acquired by Stratasys for $403 million. Perhaps this team can strike gold with their more affordable […]

  9. […] scanner Kickstarter campaigns were launched, and now desktop 3D printer company MakerBot, recently acquired by Stratasys for $403 million, has announced it will start selling its Digitizer desktop 3D scanner next […]

  10. […] 2013 – Desktop 3D printer pioneer MarketBot was acquired by 3D printing giant Stratasys for $403 million, marking the first major acquisition of a consumer 3D printing company. For […]

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