With an eye toward driving more growth of 3D printing technology in markets such as medical, Stratasys and Objet this week announced they want to join forces in a company called Stratasys that will be incorporated in Israel.
If shareholders and regulatory authorities approve the merger, it's expected that the companies would be combined sometime this fall.
And it will be the 600-pound gorilla in the 3D printing/direct digital manufacturing world.
In a recently filed annual report, Stratasys says that through 2012 it has shipped approximately 38% of all industrial rapid prototyping systems sold worldwide since 1996. Stratasys says it sold 42% of all industrial RP systems sold globally in 2010 according to an industry research report. Objet, which is based in Rehovot, Israel, has had meteoric growth since its founding in 1998. Objet has shipped 3,378 systems....