|  Últimas noticias: 
www.edicionesindustriagrafica.com
                       

~ English new ~

Stratasys plans additional strategic investment in XAAR 3D LTD

02-10-2019

Xaar, a world leader in industrial inkjet technology, announces that Stratasys (NASDAQ: SSYS), has entered into an agreement to purchase shares of Xaar 3D Ltd that will increase Stratasys’s stake in Xaar 3D from 15 to 45 percent, with Xaar plc, through its fully owned subsidiary, Xaar 3D Holdings, having the remaining 55 percent. In addition, the agreement includes an option for Stratasys to acquire the remaining shares of Xaar 3D. The transaction is subject to Xaar plc shareholder approval.

The strategic investment by Stratasys is intended to enable Xaar 3D to accelerate the development of its additive manufacturing solutions based on High Speed Sintering technology. These solutions are designed for end-use parts applications in low-to-medium production volumes, primarily in the industrial segment.

Stratasys plans additional strategic investment in XAAR 3D LTD

Xaar plc and Stratasys announced the formation of Xaar 3D Ltd in July 2018. The purpose of the joint investment is to develop High Speed Sintering additive manufacturing solutions for Stratasys to bring to market. "Xaar 3D Ltd has great potential and we look forward to continuing to work with Stratasys to develop its full potential in this deeper relationship. I am pleased that this transaction will create good value for Xaar shareholders and unlocks the ability for more significant value in due course.” said Doug Edwards, Chief Executive Officer, Xaar plc.

“Xaar 3D has made significant progress over the past year and we see benefits to Stratasys in extending its investment in Xaar 3D's innovative High Speed Sintering based solutions. We look forward to continue developing the technology together with Xaar and believe the combined expertise of both parties will lead to exploitation of the technology's promising potential.” said Omer Krieger, EVP Products. “This continues our company’s strategy of complementing our own robust R&D efforts with partnerships and investments in other innovative companies to develop new capabilities and products that create new value to our customers.”


Artículos relacionados

Xaar 1201 leads the way at the Shanghai AD and Sign Show 2017
Xaar expands its 3D business with new Xaar 3D centre and team
Xaar y Ricoh anuncian su asociación estratégica con los cabezales Thin Film
Xaar y Global inkjet systems colaboran en los componentes de sistemas para la familia Xaar 5601
El nuevo Xaar 1003 eleva el listón de la impresión industrial
El nuevo Xaar 1003 eleva el listón de la impresión
Xaar nombra a Keith Smith como Director de Fabricación Avanzada
Xaar lanza el nuevo cabezal Xaar 1002 GS6 para aplicaciones UV

~ Publicidad ~

mincoh.com

www.soficat.es

www.hsm.eu



© 2001-2019 Ediciones Industria Gráfica - Todos los derechos reservados
Aviso legal | Política de privacidad