FDM 3D打印机生产商Stratasyshas announced the acquisition of DLP machine manufacturer起源in an agreement worth up to $100 million in cash and stock.
The merger, which should be completed by January 2021, will see Stratasys re-enter the resin system market following thelaunch of its V650 systemlast year. According to the firm’s analysis, the deal could provide it with annual revenue rises of $200 million by 2026, and strengthen its position in the medical and industrial sectors.
Stratasys首席执行官Yoav Zeif说：“我们认为Origin的软件驱动系统是业内最好的，将高通量与难以置信的准确性相结合。”“When combined with our industry-leading go-to-market capabilities, we believe we will be able to capture a wide range of in-demand production applications.”
Stratasys’ $100m deal: A breakdown
Stratasys公司收购仍受制于approval and closing conditions, but once it’s completed, the deal will be broken down into several installments. While $60 million will be paid upfront upon closing, $6 million of this is subject to share retention, and the other $40 million will be contingent on performance-based earnouts.
此外，只有5500万美元的费用将以现金支付，其余的则包括价值4500万美元的股票。合并完成后，将保留原始团队，并加入Stratasys，继续开发其技术和产品平台，并计划全球重新发布2021年中。
该公司的预测表明，到2025年，3D打印市场将增长到约250亿美元，基于聚合物树脂的系统的销售额将每年增加20％。在这种情况下，Stratasys取得来源的决定可以看作是试图获得更大的潜在利润市场。
Stratasysrevealed its first resin-based system at AMUG 2019, with the industrial V650 Flex. The machine had been used to deliver parts via the company’s Direct Manufacturing service, and at the time, the firm said that it was commercializing the technology to meet a demand for an application-specific solution.
With its acquisition of Origin, Stratasys has now opted to expand further into the polymer resin 3D printing market, where according to Zeif, its clients are seeking a mass-manufacturing alternative.
“Our customers are looking for AM solutions that enable the use of industrial-grade resins for the mass production parts with process and quality control,” added Zeif. “Together with our intended entry into PBF technology, the acquisition of Origin reflects another step in fulfilling our objective to lead in polymer AM.”
起源’s scalable 3D printing technology
Sinceleaving stealth mode in 2018，，，，起源has been focused on delivering mass manufacturing to the 3D printing industry. The company’s原点一个由其专有的高速P³技术供电的系统旨在使添加剂的生产尽可能自动化和可扩展性。
起源’s flagship machine features modular hardware making it easy to upgrade, as well as cloud-driven software that automates the printing process. The company has also set up anopen material ecosystemfor its printer, including compatibility withDSM，，，，Henkel，，，，andBASFresins, which Stratasys now stands to inherit.
这种灵活性使起源伪造毫ons of clinically validated nasal testing swabs, facial shields, and ventilator splitters at the height of the pandemic. Given that Stratasys values the additive medical and dental markets at over $1 billion each, the Origin One could provide it with a valuable entry point into these markets.
对于Origin，该交易提供了对Stratasys广泛的营销资源的访问权限，该公司的首席执行官Christopher Prucha在Q＆A上强调了Stratasys的电话会议的Q＆A。Prucha说：“我们相信Stratasys是迄今为止任何3D印刷公司的最佳服务和进入市场平台。”
“As a start-up, we don’t have that infrastructure, so we really see this combination as allowing us to achieve our vision, and a way of getting that global install base,” he added. “We had various options, but we decided that joining Stratasys was by far the best outcome, not only for Origin but for our partners and customers as well.”
Stratasys进入DLP市场
With the acquisition of Origin, Stratasys has shown that it intends to carve out its own niche in a DLP market that’s crowded with potential competitors.
碳，，，，for instance, made its数字光合成(DLS)-poweredL1 3D printer available to customers去年是基于订阅的模型。该机器具有现成的生产过程，可实现“直接的高体积生产”。
More recently, optical system developerIn-Visionlaunched itsHelios UV轻型投影仪designed specifically for resin-based DLP systems. With its new engine, the company aims to enable faster cure times for clients, as well as compatibility with a greater number of photopolymer resins.
Similarly, open-platform 3D printing specialistatum3Dreleased itsDLP Station 5-365 EXZmachine, atFormnext Connect。新系统以公司为特色open resin platform，，，，which accepts the use of any functional third party material, and a build height almost double that of its DLP Station 5-365 printer.
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Featured image shows a row of Origin’s ‘Origin One’ DLP 3D printers. Photo via Stratasys.
