3D Systems’ revised offer is rejected by Stratasys.


Stratasys and 3D Systems, two giants in the 3D printing industry, have been caught in an interesting merger saga. It all began when Stratasys announced a merger with Desktop Metal, which caught the attention of Nano Dimension. Surprisingly, Nano Dimension made unsolicited takeover bids for Stratasys, even though it was a much smaller company. Stratasys rejected these bids, but it brought attention to its value in the market.

Not long after, 3D Systems entered the picture and made their own bids for Stratasys. These bids were also rejected, until a month ago when Stratasys considered a bid from 3D Systems. It was expected that negotiations were taking place behind the scenes, but both companies have been quiet since then.

The proposed merger between Stratasys and 3D Systems generated a lot of interest in the 3D printing world. The combined entity would have dominated the market with the largest sales and distribution network, numerous patents, and significant resources. The estimated annual savings from the merger were valued at over US$100M, more than the value of many 3D printing companies.

However, yesterday’s press release from 3D Systems confirmed that Stratasys had rejected their latest bid. This rejection was not surprising, as Stratasys’ value has soared during this whole corporate saga. The tables have turned, with Stratasys now at the top of the leaderboard and 3D Systems in fourth place.

The shifting stock values made 3D Systems’ bid less attractive, as their shares were valued lower. This likely influenced Stratasys’ decision to reject the offer. But 3D Systems is not giving up; they plan to deliver a revised proposal to Stratasys, valuing it at around US$27 per share.

However, 3D Systems also mentioned that Stratasys’ board of directors is not interested in any further discussions or proposals from them. Stratasys continues to support the Desktop Metal merger as its preferred alternative. This statement from 3D Systems’ CEO, Jeffrey Graves, criticizes Stratasys for constantly rejecting offers and proceeding with a merger that he believes is destroying value.

Interestingly, 3D Systems’ value has dropped during this period, while Stratasys’ valuation has significantly risen. Stratasys is now worth 36% more than 3D Systems, a complete reversal from six months ago when 3D Systems was worth 52% more.

It remains to be seen how Stratasys will respond to the new proposal from 3D Systems. Given their track record, it is likely that they will reject it as well. The future of these two companies and the potential merger hangs in the balance as they navigate this ongoing saga.

Original source


“Why did the 3D printer go to therapy? Because it had too many layers of unresolved issues!”

Like it? Share with your friends!


Meet the mastermind behind NozzleNerds.com: GCode-Guru, a 3D printing wizard whose filament collection rivals their sock drawer. Here to demystify 3D tech with a mix of expert advice, epic fails, and espresso-fueled rants. If you've ever wondered how to print your way out of a paper bag (or into a new coffee cup), you're in the right place. Dive into the world of 3D printing with us—where the only thing more abundant than our prints is our sarcasm.


Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Voting to make decisions or determine opinions
Formatted Text with Embeds and Visuals
The Classic Internet Listicles
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Upload your own images to make custom memes
Youtube and Vimeo Embeds
Soundcloud or Mixcloud Embeds
Photo or GIF
GIF format