EDGE
  • home.svg
    Home
  • news.svg
    All updates
  • news.svg
    EDGE Insights
  • list.svg
    Industries
  • db-search.svg
    Company Search
  • company-list.svg
    My Watchlists (Beta)
All Updates

All Updates

icon
Filter
M&A
‧
Management news
Stratasys board of directors rejects Nano Dimension’s partial tender offer
Additive Manufacturing
May 30, 2023
This week:
Funding
EKORE raises EUR 1.3 million (~ USD 1 million) in seed funding to strengthen platform
Digital Twin
Dec 20, 2024
Funding
Culina Health raises USD 7.9 million in Series A funding to expand offerings and expand team
Functional Nutrition
Dec 19, 2024
FDA approval
ViGeneron receives IND clearance for VG801 gene therapy
Cell & Gene Therapy
Dec 19, 2024
Product updates
Reflex Aerospace ships first commercial satellite SIGI
Next-gen Satellites
Dec 19, 2024
Partnerships
Vast partners with SpaceX for two private astronaut missions to ISS
Space Travel and Exploration Tech
Dec 19, 2024
Management news
Carbios appoints Philippe Pouletty as interim CEO amid plant delay
Waste Recovery & Management Tech
Dec 19, 2024
Funding
BlueQubit raises USD 10 million in seed funding to develop quantum platform
Quantum Computing
Dec 19, 2024
FDA approval
Arbor Biotechnologies receives FDA clearance for ABO-101 IND application
Human Gene Editing
Dec 19, 2024
Partnerships
‧
Funding
Personalis partners with Merck and Moderna for cancer therapy development and investment
Precision Medicine
Dec 19, 2024
Partnerships
COTA partners with Guardant Health to develop clinicogenomic data solutions for cancer research
Precision Medicine
Dec 19, 2024
Additive Manufacturing

Additive Manufacturing

View industry hub
May 30, 2023

Stratasys board of directors rejects Nano Dimension’s partial tender offer

M&A
Management news

  • Stratasys, a provider of end-to-end additive manufacturing (AM) solutions, announced that its board of directors (BoD) has unanimously rejected the partial tender offer made by Nano Dimension, a developer of additively manufactured electronics.

  • Nano Dimension offered to acquire ordinary shares of Stratasys at USD 18.00 per share in cash, which Stratasys’ BoD—in consultation with independent financial and legal advisors—determined significantly undervalues the company.

  • Nano Dimension has been Stratasys’ largest shareholder since July 2022 with a stake of 14.5%. The offer was to acquire part of the company’s shares to increase this stake to 53%–55%.

  • Analyst QuickTake : Previously in March, Nano Dimension offered to acquire full ownership of Stratasys, which was subsequently rejected by the company. Stratasys appears to be continuing business as usual as it announced a merger with additive manufacturing company Desktop Metal in a USD 1.8 billion deal.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.