EnvisionTEC to be Acquired by Desktop Metal in 3D Printing Merger
The two 3D printing companies specialize in different segments of the market, and the combined company plans to continue leading in multiple areas of the 3D printing market.
Desktop Metal will acquire EnvisionTEC in a merger of complimentary 3D printing companies.
The deal, which is priced at $300 million according to a press release, will allow EnvisionTEC to continue normal operations, but as a subsidiary of Desktop Metal. With desktop metal focused on metal 3D printing technologies, and EnvisionTEC a pioneer in polymer 3D printing, the combined companies will have a greater range of 3D printing opportunities to offer a range of industries.
With EnvisionTEC already having more than 1,000 dental customers, this move will help solidify the company's position as an industry leader and innovator, according to the press release.
Product Bites – January 19, 2024
January 19th 2024Product Bites makes sure you don't miss the next innovation for your practice. This week's Product Bites podcast features new launches from Adravision, Formlabs, Owandy Radiology, Henry Schein Orthodontics, Dental Creations, and Dental Blue Box. [5 Minutes]
Product Bites – December 22, 2023
December 22nd 2023The weekly new products podcast from Dental Products Report is back. With a quick look at all of the newest dental product launches, Product Bites makes sure you don't miss the next innovation for your practice. This week's Product Bites podcast features updated software from Medit. [2 Minutes]
