On a Tear
Desktop Metal (DM) has signed a definitive agreement to acquire ExOne, its largest and most formidable metal binder jetting (MBJ) competitor, for US$575 million. The transaction expands DM’s technical and material capabilities and provides a direct sales force from ExOne. ExOne will benefit from Desktop Metal’s GTM engine, including its 200 channel partners. Together, the combined entity greatly consolidates the MBJ landscape and clears any question of who the market leader is.
While the focus of this insight is the ExOne acquisition and its impact on product strategy, it’s worth highlighting a few other activities for context. In just the last 9 months, DM completed its IPO SPAC merger to become a public company; released new systems such as the Production System P-1 and Studio System 2; acquired EnvisionTEC to enter the market for volume production polymer AM (see IN-6057); launched a Desktop Health subsidiary; created a new AM process – and company (called “Forust”) – for volumetric production of sustainable, end-use wood parts; acquired Adaptive3D to grow the …
You must be a subscriber to view this ABI Insight.
To find out more about subscribing contact a representative about purchasing options.