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Stratasys GmbH Airport Boulevard B 120 77836 Rheinmünster, Germany http://www.stratasys.com
Contact Mr Liam Collis +44 20 7403 4411
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Stratasys GmbH

Stratasys Acquires 3D Printer Maker, Solidscape

Strategic Acquisition Expands Direct Digital Manufacturing Vision

(PresseBox) (Frankfurt, )
Additive manufacturing system maker Stratasys, (NASDAQ: SSYS), has acquired Solidscape, Inc. for $38 million plus certain purchase price adjustments.

New Hampshire-based Solidscape is a manufacturer of 3D printers serving investment casting applications in the jewellery, medical, dental and industrial markets. The company's technology produces patterns that are used to cast highly precise metal parts.

Solidscape is widely recognised as the leader for casting applications that require high-precision, ultra-fine feature detail and a smooth surface finish. The company had revenues of $13.4 million and generated approximately $4.3 million in EBITDA for calendar year 2010.

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