Skip to content
Business Forbes

Business Forbes

Business On

Primary Menu
  • Business Forbes
  • Advertise Here
  • Contact Us
  • Privacy Policy
  • Sitemap
  • Home
  • Nano Dimension buys 12% Stratasys stake
  • Business News

Nano Dimension buys 12% Stratasys stake

By Francoise Ardion 4 weeks ago

]

&#13

Israeli 3D printing business Nano Dimension (Nasdaq: NNDM) has documented a 12.1% holding in Rehovot-based mostly 3D printing organization Stratasys (Nasdaq: SSYS). The stake is at the moment truly worth $152 million on the market place.

&#13

The buy of the shares, with some of the almost $1.5 billion, which it raised, in a series of community choices on Wall Road in late 2020 and early 2021, will make Nano Dimension the premier shareholder in Stratasys – an even bigger holding than Cathie Wood’s Ark Fund, which holds shares in equally organizations.

&#13
&#13
&#13
&#13

&#13

Connected Content articles

&#13
&#13
&#13

&#13
Cathie Wood Credit: YouTube&#13

Expenditure guru Cathie Wooden improves Israel portfolio

&#13

&#13
&#13

&#13

Nano Dimension however has around $1b to invest just after newest buys

&#13

&#13
&#13

&#13
&#13
&#13
&#13

Sources near to Nano Dimension insist that the business is not launching a hostile takeover. Stratasys focuses on 3D printing of polymers for manufacturing market though Nano Dimension specializes in 3D printing of electronic components.

&#13

Nano Dimension has a market cap of $860 million, down 80% from its peak final year, even though Stratasys has a current market cap of $1.26 billion, right after its share selling price has fallen only 5% above the earlier calendar year.

&#13

Nano Dimension claimed, “With $521 million and $607 million of profits in 2020 and 2021, respectively, Stratasys is a leader in the global change to AM as a result of sensible and linked 3D printers, polymer components, a program ecosystem and areas on need. Stratasys serves shoppers globally by reworking merchandise design and style, bringing agility to production and provide chains, and enhancing affected person care.”

&#13

Nano Dimension chairman and CEO Yoav Stern explained, “The intent of Nano Dimension in purchasing Stratasys shares is the development of a strategic financial investment in a sector-chief which is well proven in a relatively seasoned industry section, when Nano Dimension’s disruptive systems in AME and 3D metallic printing provide its shareholders with worth developed by accelerated development and expansion curves. Hence, an investor in Nano Dimension will achieve from its worth creation in “blue ocean” variety AM sectors moreover acquiring strategic upside from expense in Stratasys, which enjoys a commanding presence in significant, stable extra mature, typically polymer-centered AM technologies. In distinction, Nano Dimension’s materials improvement thrusts and business model method are centered all around metals with electro-mechanical conductive parameters, metals with superior mechanical features, dielectric substance, and printing of multi-dimensional-digital products and mechanical sections.”

&#13

Revealed by Globes, Israel business information – en.globes.co.il – on July 18 2022.

&#13

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

&#13
&#13

Tags: Amazon Business Credit Card, American Airlines Business Class, Att Business Login, Austin Business Journal, Best Bank For Small Business, Best Business Bank Accounts, Best Business Schools In Us, Best Business To Start, British Airways Business Class, Business Attire Men, Business Card Ideas, Business Casual Shoes For Women, Business Continuity Planning, Business Entity Search, Business Letter Template, Business Management Degree, Business Manager Facebook, Business Plan Outline, Business School Rankings, Colorado Business Search, Delaware Business Entity Search, Drop Shipping Business, Family Business Bet, Fox Business Live, Georgia Sos Business Search, Google Business Account, Harvest Small Business Finance, How To Build Business Credit, Is Saturday A Business Day, Is Sears Still In Business, Microsoft 365 Business, My Business Google, Name Generator Business, None Of Your Business, Ny Sos Business Search, Open A Business Bank Account, Pa Business Search, Plus Size Business Casual, Pnc Business Banking, Sos Business Search Ca, Sunbiz Business Search, Taking Care Of Business, The Business Of Being Born, Turbotax Home And Business 2020, Tx Sos Business Search, Venmo For Business, Verizon Business Plans, Virtual Address For Business, What Are Business Days, Women Business Casual

Continue Reading

Previous SK Hynix weighs slashing spending by a quarter in 2023 – Bloomberg News
Next How the Unionization Trend is Changing Workplace Dynamics

Recent Posts

  • Digikey Electronics
  • What Is SEO Web Design, And Do I Need It?
  • Wix lays off 100 – Globes
  • Forbes explores sale, hires Citigroup as banker
  • Introverts Can Be Great Speakers. Engagement Is a Must, Not Loud.

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • December 2020
  • November 2020
  • November 2018
  • January 2017

Categories

  • Business
  • Business & Finance
  • Business & Finance News
  • Business Forbes
  • Business News
  • Small Business

visit now

Example
Intellifluence Trusted Blogger

backlinks

textlinks

buildinglink.buybacklinks.online/agence-seo 

bestwindshieldwipers2019.xyz © All rights reserved. | Magazine 7 by AF themes.