3D Systems Acquires Volumetric to Advance Organ Bioprinting
October 27, 2021
3D Systems has agreed to acquire Houston-based biofabrication start-up Volumetric for $45 million at closing with up to $355 million in milestone-based earnouts tied to human-application development, creating a new 20,000 sq. ft. regenerative medicine facility in Houston. The acquisition brings Volumetric's light-based bioprinting platform and biomaterials into 3D Systems' life-sciences capabilities and supports an existing joint development program with United Therapeutics.
- Buyers
- 3D Systems
- Targets
- Volumetric
- Sellers
- Volumetric shareholders
- Industry
- Biotechnology
- Location
- Texas, United States
- Transaction Type
- Buyout
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