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April 6, 2014
Stratasys has entered into a definitive asset purchase agreement to acquire certain assets of Wisconsin-based Interfacial Solutions.
Interfacial, a provider of thermoplastics R&D and production services, has been a production partner to Stratasys for its FDM product lines for the past three years.
“Interfacial Solutions provides significant expertise in plastics and filament,” said David Reis, CEO of Stratasys. “We believe its knowledgeable team and experience will accelerate Stratasys’ materials development efforts for all of our FDM platforms, including MakerBot. The acquisition is expected to accomplish three objectives for Stratasys, which include strengthening our materials R&D skills and bandwidth; enabling us to become vertically integrated in material development and manufacturing; and increasing materials production space and capacity. Overall, we expect to accelerate new materials development, allowing us to introduce new products to the market faster.”
Stratasys expects the transaction to close in the second quarter of 2014, subject to the fulfillment of certain customary closing conditions.
For more information, visit Stratasys and Interfacial Solutions.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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