PR95971

BROOKLYN, N.Y. and UTRECHT, Netherlands, May 12, 2022 /PRNewswire=KYODO JBN/ -

    The new entity has secured additional funding of $62.4M to fuel global 3D

printing innovation

    MakerBot and Ultimaker, two leaders in desktop 3D printing, today announced

that they have come to a business combination agreement that will accelerate

the adoption of additive manufacturing by providing a comprehensive desktop 3D

printing ecosystem of hardware, software, and materials.

    The new entity will be backed by existing investors, NPM Capital and

Stratasys (Nasdaq: SSYS), and will benefit from a planned cash investment of

$62.4 million to fuel innovation and expansion into new markets. The new

company will be led by Nadav Goshen, current MakerBot CEO, and Jürgen von

Hollen, current Ultimaker CEO, who will act as Co-CEOs, with Nadav managing

operations and R&D and Jürgen managing the commercial functions.

    "This merger marks an important milestone for Ultimaker and MakerBot," says

Jürgen von Hollen, CEO of Ultimaker. "Innovation and growth are both

critical to bringing desktop 3D printing from a specialty technology into

mainstream business adoption. The new company will leverage and expand its

combined global footprint with sales and operations in the Americas, EMEA and

APAC."

    "Technological innovation is paramount in growing the availability of

easy-to-use professional 3D printing solutions," says Nadav Goshen, CEO of

MakerBot. "By combining our teams and leveraging the additional funding, we can

accelerate the development of advanced solutions to provide our customers with

a broad portfolio of hardware and software solutions to serve a wide spectrum

of customers and applications."

    The new entity aims to offer easy-to-use and accessible desktop 3D printing

solutions for any application while inspiring the industry to a future state of

responsible and sustainable manufacturing.

    The new company will maintain headquarters in both The Netherlands and New

York, USA. The transaction is subject to consultation of appropriate employee

representative bodies and regulatory approvals, with closing currently expected

over the course of the second or third quarters of 2022.

    About MakerBot

    MakerBot is a global leader in the desktop 3D printing industry. MakerBot

empowers the engineers of today and tomorrow with its powerful additive

manufacturing ecosystem. The company strives to redefine the standards for 3D

printing for safety and emissions, reliability, accessibility, precision, and

ease-of-use. Through this dedication, MakerBot has a large install base,

manages Thingiverse—the largest 3D printing community in the world—and has

members on the UL 2904 standards committee to ensure it is on the cutting edge

of emissions regulations.

    About Ultimaker

    Established in 2011, Ultimaker is on a mission to accelerate the world's

transformation to flexible, empowering and sustainable solutions. 380 employees

deliver a platform that enables customers to take full advantage of the unique

Ultimaker Ecosystem that offers the largest diversity of 3D printing products

and services in the industry. Ultimaker provides a seamless integration of

hardware, software and materials that simply works.

    Logo: https://mma.prnewswire.com/media/1816730/Ultimaker_Logo.jpg

    Source: Ultimaker