FROM OUR NEWS DESK
And in AM (Additive Manufacturing) news.
Nano Dimension acquires Desktop Metal (NANOD + DM)
In related news, Shapeways a 3D printing services company files for bankruptcy.
Here is a summary of the recent events generated by a LLM:
It’s been a busy week in the Additive Manufacturing (AM) industry, with several significant developments taking place. Here are some of the highlights:
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- McLaren has announced a partnership with Divergent to use Additive Manufacturing for producing chassis components in their next-generation supercars.
- A new report titled “State of Chinese Additive Manufacturing: Market Opportunity Brief” has been released, analyzing the current state and future prospects of the AM industry in China.
- 3D Systems and Precision Resource have announced a strategic partnership aimed at advancing metal Additive Manufacturing applications in high-criticality markets.
Additionally, there have been some notable mergers, acquisitions, and other strategic moves in the AM space recently, such as Nano Dimensions acquiring Desktop Metal and Shapeways filing for bankruptcy.
The past few months have seen a flurry of activity in the Additive Manufacturing industry, with several major players engaging in a complex powerplay of acquisitions and mergers. Here’s a quick summary of some of the key events:
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- In early March, Nano Dimension announced a bid to acquire Stratasys for around $1.1 billion.
- In May, Stratasys agreed to merge with Desktop Metal, but the deal fell through after shareholders didn’t approve it.
- In June, 3D Systems made a bid to acquire Stratasys, offering $7.50 in cash and 1.2507 shares of 3D Systems common stock for each Stratasys share.
Throughout this period, Nano Dimension has continued to be a major player, already owning 14.5% of Stratasys shares and remaining open to buying or being bought by other companies.
As you can see, the situation has been constantly evolving, with each company jockeying for position and trying to secure the most advantageous deals. It remains to be seen how this powerplay will ultimately play out and what the future landscape of the Additive Manufacturing industry will look like.
These changes reflect the dynamic and competitive nature of the AM industry, as companies seek to stay ahead of the curve and capitalize on new opportunities.
Our take at Numorpho Cybernetic Systems (NUMO):
When a disruptive technology eventually becomes mainstream, it leads to a lot of buyouts from larger companies that include that facet into their portfolio of offerings, mergers take place or companies without the right vision or financial backing simply fold.
This happened with internet search companies, content management providers, ecommerce and marketing tools providers, and Wanna-Be’s in the blockchain space.
Additive Manufacturing is the newest in such graduations and although there have been rumblings for the past year and a half, it has finally happened.
As we look ahead, it will be interesting to see how these shifts impact the overall landscape of AM. Will this consolidation lead to fewer players with more power, or will new startups emerge to challenge the status quo? Only time will tell, but one thing is certain: the AM industry is in for some exciting changes.
additivemanufacturing am 3dprinting
NITIN UCHIL Founder, CEO & Technical Evangelist
nitin.uchil@numorpho.com