3D printers could finally be about to get a lot more powerful
Major merger should boost 3D printers everywhere
When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
Desktop Metal, one of the leading companies in the3D printingspace, has announced plans to acquire ExOne, pioneers of the binder jet 3D printing technology.
Desktop Metal, which went public last year, is known for building affordable 3D printers for small engineering teams as well as for large-scale manufacturing.
ExOne, on the other hand, focuses exclusively on industrial 3D printing and boasts of an impressive portfolio of companies from diverse sectors such as aerospace, automotive, medical and defense.
According toTechCrunch, Desktop Metal has been actively looking to ingest companies to grow its 3D printing portfolio and the acquisition of ExOne will be a shot in thearm.
Handsome twosome
In apress release, Desktop Metal argues that businesses are increasingly looking at 3D printing vendors to innovate in order to solve challenges of speed, cost, resolution, and part size.
With this acquisition, Desktop Metal says it hopes to be in a position to conjure up new 3D printing solutions that work with all kinds of materials, and are accessible to businesses of all sizes.
“We believe this acquisition will provide customers with more choice as we leverage our complementary technologies and go-to-market efforts to drive continued growth. This transaction is a big step in delivering on our vision of accelerating the adoption of additive manufacturing 2.0,” said Ric Fulop, Founder and CEO of Desktop Metal.
Are you a pro? Subscribe to our newsletter
Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed!
With almost two decades of writing and reporting on Linux, Mayank Sharma would like everyone to think he’sTechRadar Pro’sexpert on the topic. Of course, he’s just as interested in other computing topics, particularly cybersecurity, cloud, containers, and coding.
Washington state court systems taken offline following cyberattack
Is it still worth using Proton VPN Free?
Target kicks off its Black Friday sale with deals on TVs, toys, iPads, air fryers and more
