Stratasys To Merge With Objet
By:
DailyMarkets.com
Three dimensional (3D) printer manufacturers Stratasys Inc. (NASDAQ:SSYS) recently disclosed its intention to merge with Objet Ltd. to form a company which is expected to have a value worth $1.4 billion. The merged entity would be christened as Stratasys Ltd. The Chairmanship would be held by Stratasys CEO Scott Crump, while the current CEO of [...]
Three dimensional (3D) printer manufacturers Stratasys Inc. (NASDAQ:SSYS) recently disclosed its intention to merge with Objet Ltd. to form a company which is expected to have a value worth $1.4 billion.
The merged entity would be christened as Stratasys Ltd. The Chairmanship would be held by Stratasys CEO Scott Crump, while the current CEO of Objet David Reis will hold the position of a CEO.
The newly-formed Stratasys Ltd. will be based in Eden Prairie and Rehovot, Israel. Each company will select … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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