Stratasys, a 3D-printing company, has agreed to purchase GrabCAD for around $100 million in cash and stock.
According to Streetinsider, “The acquisition is expected to enable Stratasys to provide its customers with enhanced collaboration tools and improved accessibility relating to 3D CAD content. The addition of GrabCAD Workbench provides Stratasys with an opportunity to drive communication and ease of use throughout the 3D printing process and grow its technology solutions and user communities.”
This is the latest big move by Stratasys in an effort to become the undeniable leader in the 3D-printing industry.
