Stratasys Completes Solid Concepts Acquisition

Stratasys Ltd. has officially completed its acquisition of Solid Concepts, the company announced this week.

The deal was announced in April, and Stratasys plans to establish one collective additive manufacturing unit. The company is also in the process of completing a transaction with Harvest Technologies.

David Reis, chief executive officer of Stratasys, stated, “We look forward to enhancing our customer offering with the completion of this transaction. With Solid Concepts’ deep knowledge of manufacturing and vertical focus, such as medical and aerospace, Stratasys will be even better positioned to meet our customers’ evolving additive manufacturing requirements. We are delighted to welcome the talented employees of Solid Concepts to the Stratasys family and look forward to completing the acquisition of Harvest in order to form a leading strategic platform to better meet customers’ needs.”

Read more about the Stratasys-Solid Concepts deal on Desktop Engineering.

For more information, visit Stratasys.

Sources: Press materials received from the company and additional information gleaned from the company’s website.