<div>
  <ul>
    <li>
      <p>
        Stratasys, a provider of end-to-end additive manufacturing (AM) solutions, has rejected the 
        <a href="https://sp-edge.com/updates/17027">
          offer
        </a>
         made by Nano Dimension, a developer of additively manufactured electronics, to acquire the remaining stake of Stratasys at USD 1.1 billion.
      </p>
    </li>
    <li>
      <p>
        The company&rsquo;s board of directors has unanimously approved the rejection after evaluating the proposal in line with its fiduciary duties. The board has concluded that the offer undervalues the company and is not in the best interests of Stratasys and its shareholders.
      </p>
    </li>
    <li>
      <p>
        Nano Dimension has been Stratasys&rsquo; largest shareholder since July 2022 with a stake of 14.5%. The offer was to acquire the remaining shares paying USD 1.1 billion in cash.&nbsp;
      </p>
    </li>
    <li>
      <p>
        <b>Analyst QuickTake</b>
        : Stratasys recorded revenue of 
        <a href="https://sp-edge.com/updates/16820">
          USD 651.5 million
        </a>
         in 2022, growing at 7.3% YoY. It also recorded an adjusted operating income of USD 13.5 million compared to an adjusted operating loss of USD 1.7 million in 2021 through strict cost control measures. With the aim of offering production-scale additive manufacturing solutions, Stratasys 
        <a href="https://sp-edge.com/updates/14022">
          acquired
        </a>
         software company Riven and also invested in 
        <a href="https://sp-edge.com/updates/14229">
          Axial3D,
        </a>
         a UK-based developer of additive manufacturing solutions for the healthcare industry in November last year with the aim of expanding its presence in different verticals.&nbsp;
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.reuters.com/article/stratasy-ma-nano-dimension/update-1-stratasys-rejects-nano-dimensions-1-1-bln-offer-for-remaining-stake-idUSL4N35U27W">
      Reuters
    </a>
  </p>
  <p>
    <a href="https://3dprintingindustry.com/news/stratasys-says-no-to-1-1bnano-dimension-takeover-221328/">
      3D printing industry
    </a>
  </p>
  <p>
  </p>
</div>


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