Stratasys Agrees To Combine With Desktop Metal In Approximately $1.8 B All-Stock Transaction
Portfolio Pulse from Benzinga Newsdesk
Stratasys and Desktop Metal have agreed to combine in a $1.8 billion all-stock transaction. The merged company is expected to generate $1.1 billion in revenue by 2025, with a total addressable market of over $100 billion by 2032.
May 25, 2023 | 9:32 am
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Desktop Metal is merging with Stratasys in a $1.8 billion all-stock deal, with potential for significant revenue growth and market expansion.
The merger with Stratasys is expected to generate significant revenue growth for the combined company, reaching $1.1 billion by 2025. This could positively impact Desktop Metal's stock price in the short term as investors anticipate future growth.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Stratasys is merging with Desktop Metal in a $1.8 billion all-stock deal, with potential for significant revenue growth and market expansion.
The merger with Desktop Metal is expected to generate significant revenue growth for the combined company, reaching $1.1 billion by 2025. This could positively impact Stratasys' stock price in the short term as investors anticipate future growth.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100