New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 2, 2014
05:51 EDTSSYSStratasys to acquire Solid Concepts, Harvest Technologies
Stratasys announced that it has entered into definitive agreements to acquire two privately-held companies, Solid Concepts and Harvest Technologies. Solid Concepts is the largest independent additive manufacturing service bureau in North America and a fast-growing partner to RedEye, Stratasysí existing digital manufacturing service business. The transactions are expected to be completed early in Q3 and are expected to be accretive to Stratasysí Non-GAAP EPS within the first 12 months after closing. Upon completion of the transactions, Stratasys will combine Solid Concepts and Harvest Technologies with RedEye to establish one additive manufacturing services business unit. Joe Allison, President of Solid Concepts, will join the Stratasys management team and lead the combined parts business, supported by the strong management teams of Solid Concepts, Harvest Technologies, and RedEye. Under the terms of the definitive agreement with Solid Concepts, Stratasys will acquire Solid Concepts for total consideration of up to $295M, including a payment on closing of $172M, or, if settled in cash, part on closing and part six months after closing, deferred payments of $60M up to $63M in retention-related payments.
News For SSYS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 6, 2015
12:29 EDTSSYSPrimecap reports 5.l5% passive stake in Stratasys
Subscribe for More Information
09:01 EDTSSYSStratasys, Adobe partner to bring 3D printing to creative professionals
Stratasys Ltd. (SSYS) announced that they are partnering with Adobe (ADBE) to bring high quality, color 3D printing to creatives around the world. The announcement was made today in Los Angeles at Adobe MAX. The two companies are joining forces to eliminate the workflow and product barriers that prevent creative professionals from easily transforming their designs into vibrant and durable color 3D printed models. As the first step of this vision, starting immediately, Adobe Photoshop CC users will be able to send 3D files for production through Stratasys Direct Express.
September 30, 2015
09:47 EDTSSYSStratasys management to meet with Oppenheimer
Group luncheon to be held in New York on October 6 hosted by Oppenheimer.
September 24, 2015
09:36 EDTSSYSGabelli continues to believe Stratasys is a strategic fit for Hewlett-Packard
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use