3D Printers Manufacturer ‘Objet’ Merges With ‘Stratasys’

Stratasys and Objet, two companies specializing in the manufacturing of 3D printers, announced a definitive merger agreement under which the companies would combine in an all-stock transaction with a combined equity value of approximately $1.4 billion. The combined company, which will operate under the name Stratasys Ltd., will have dual headquarters in Eden Prairie, Minnesota and Rehovot, Israel, the locations of Stratasys’ and Objet’s current headquarters, respectively. The company will be registered in Israel.