Community

Makerbot Makes Big Bucks

Jun 19, 2013

MAKERBOT SELLS FOR $403M: We suppose that MakerBot could have printed a plastic pile of bucks. But instead MakerBot, a hero of the DIY community, made several hundred million dollars the old fashioned way--by selling to Minneapolis-based, Stratsys. The deal is for stock, which suggests that companies genuinely consider the deal a merger of strengths. MakerBot's 3D printers, which sell for a few thousand dollars, have been making inroads in Stratasys's business of selling $50K devices. MakerBot was founded in 2009 and has sold 22,000 printers since then. Details here on Quartz and TechCrunch. Official press release with all the corporate speak here.

Community

Makerbot Makes Big Bucks

Jun 19, 2013

MAKERBOT SELLS FOR $403M: We suppose that MakerBot could have printed a plastic pile of bucks. But instead MakerBot, a hero of the DIY community, made several hundred million dollars the old fashioned way--by selling to Minneapolis-based, Stratsys. The deal is for stock, which suggests that companies genuinely consider the deal a merger of strengths. MakerBot's 3D printers, which sell for a few thousand dollars, have been making inroads in Stratasys's business of selling $50K devices. MakerBot was founded in 2009 and has sold 22,000 printers since then. Details here on Quartz and TechCrunch. Official press release with all the corporate speak here.

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