Bloomberg Law
May 24, 2023, 11:12 PM

Stratasys Said to Be in Talks for 3D Printer Desktop Metal (2)

Katie Roof
Katie Roof
Bloomberg News
Liana Baker
Liana Baker
Bloomberg News

Stratasys Ltd.is in talks to acquire Desktop Metal Inc. in an all-stock deal that would create a leading 3D printer company in a fragmented industry, according to people familiar with the matter.

A deal valuing the combined company at about $1.8 billion could be announced as early as this week, the people said, asking not to be identified discussing confidential information. Stratasys shareholders would own a majority of the combined company, the people said. While talks are advanced, they could still fall apart or be delayed, the people added.

Representatives for Desktop Metal couldn’t immediately be reached for comment. ...

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