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Stratasys Ltd. and Desktop Metal, Inc. have entered into a definitive agreement to combine in an all-stock transaction valued at approximately $1.8 billion. The merger creates a next-generation additive manufacturing company.
“The transaction unites the polymer strengths of Stratasys with the complementary industrial mass production leadership of Desktop Metal’s brands, creating an additive manufacturing company that is expected to be well-positioned to serve the evolving needs of customers in manufacturing.”investors.stratasys.com
Summarized from public sources; check the original articles before acting on it.