Stratasys Buys RPS
Purchase of RPS, a provider of stereolithography 3D printers, will give Stratasys a full suite of polymer 3D printing solutions across the product life cycle.
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February 18, 2021
Stratasys Ltd., polymer 3D printing solutions provider, has acquired UK-based RP Support Ltd. (RPS), a provider of industrial stereolithography 3D printers and solutions. RPS’ technology expands Stratasys’ polymer suite of solutions across the product life cycle, from concept modeling to manufacturing.
Stratasys will leverage its go-to-market infrastructure to offer RPS’ Neo line of systems to the global market with an expanded set of applications. Stratasys expects the acquisition to be slightly accretive to revenue and non-GAAP per-share earnings by the end of 2021.
RPS’ Neo line of 3D printers feature laser beam technology that enables build accuracy, feature detail, and low variability across the full extent of a large build platform. As an open resin system, the Neo products provide customers materials with a wide range of properties such as chemical resistance, heat tolerance, flexibility, durability and optical clarity. Its products can produce large parts up to 800x800x600 mm, providing a build area in a small footprint.
In addition, all Neo systems are Industry 4.0-ready, with Titanium control software that includes a camera, network connectivity, support remote diagnostics and mid-build parameter customization. The printers can automatically email progress reports on jobs. Stratasys plans to integrate its GrabCAD Print workflow software into future versions of the product.
“As businesses accelerate their adoption of additive manufacturing, our goal is providing our global customers with the world’s best and most complete polymer 3D printing portfolio,” says Stratasys CEO Yoav Zeif. “We believe the Neo products are superior relative to other solutions currently available in the market due to an open choice in resins, low service requirements, and reliable and accurate builds with simple day-to-day operation. With access to our strong global channels and our innovative GrabCAD software, we will bring RPS’ innovative products to many more manufacturing organizations.”
“We developed the Neo line to raise the industry standard for the next generation of large-frame industrial stereolithography 3D printers,” says RPS Director David Storey. “I’m looking forward to continuing to develop this best-in-class technology with the Stratasys team as we bring our products to a broadened global audience.”
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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