Nano Dimension to Acquire Desktop Metal
July 3, 2024
Nano Dimension Ltd. will acquire all outstanding shares of Desktop Metal, Inc. in an all-cash transaction valued at $5.50 per share (approximately $183 million) — subject to possible downward adjustments to $4.07 per share. The deal combines Nano Dimension's additive electronics and high-performance materials capabilities with Desktop Metal's industrial-scale metal and polymer additive manufacturing platforms to create a broader digital manufacturing leader; the transaction is expected to close in Q4 2024, subject to customary approvals.
- Buyers
- Nano Dimension Ltd.
- Targets
- Desktop Metal, Inc.
- Industry
- Manufacturing
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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