Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Stratasys Makes an Acquisition

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

The 3-D printing segment is a bit more consolidated following a new buyout. Stratasys (NASDAQ: SSYS  ) announced that it has signed an agreement under which the privately held MakerBot will merge with it. This will be effected through a stock swap, in which Stratasys will issue 4.76 million new shares to obtain a 100% stake in MakerBot.

This values the transaction at roughly $403 million based on Stratasys' most recent closing stock price of $84.60. Additionally, MakerBot's shareholders can potentially gain up to an extra 2.38 million shares by the end of 2014 if certain performance-based goals are met.

At the moment, Stratasys has roughly 38.7 million shares outstanding.

According to the Stratasys press release announcing the news, MakerBot has built the largest installed base of 3-D dektop printers on the market, selling more than 22,000 since its founding in 2009. In Q1 2013, the firm posted revenue of $11.5 million.

The transaction is expected to close during Q3 of this year, pending approval from the relevant regulatory bodies. Stratasys said the merger is anticipated to be slightly dilutive to its non-GAAP earnings this year and accretive by the end of 2014. MakerBot will operate as a separate subsidiary of the company.

Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2499308, ~/Articles/ArticleHandler.aspx, 9/27/2016 1:22:49 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,227.69 132.86 0.73%
S&P 500 2,158.81 12.71 0.59%
NASD 5,298.79 41.30 0.79%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/27/2016 1:07 PM
SSYS $22.76 Down -0.20 -0.87%
Stratasys CAPS Rating: ****