Desktop Steel, one particular of the top organizations in the 3D printing room, has declared options to purchase ExOne, pioneers of the binder jet 3D printing technologies.
Desktop Steel, which went public very last year, is recognized for building economical 3D printers for little engineering groups as nicely as for huge-scale production.
ExOne, on the other hand, focuses completely on industrial 3D printing and offers of an amazing portfolio of organizations from numerous sectors this sort of as aerospace, automotive, health-related and defense.
In accordance to TechCrunch, Desktop Steel has been actively looking to ingest organizations to improve its 3D printing portfolio and the acquisition of ExOne will be a shot in the arm.
With this acquisition, Desktop Steel says it hopes to be in a placement to conjure up new 3D printing methods that perform with all forms of elements, and are accessible to companies of all measurements.
“We consider this acquisition will present consumers with a lot more preference as we leverage our complementary systems and go-to-marketplace initiatives to generate continued expansion. This transaction is a significant action in offering on our eyesight of accelerating the adoption of additive production 2.,” stated Ric Fulop, Founder and CEO of Desktop Steel.