Nano Dimension to Acquire Desktop Metal in All-Cash Deal
July 3, 2024
Nano Dimension and Desktop Metal entered into a definitive agreement under which Nano Dimension will acquire all outstanding shares of Desktop Metal for $5.50 per share in an all-cash transaction (subject to adjustments), for total consideration of about $183 million. The companies cite complementary additive manufacturing technologies and the goal of enabling a shift from prototyping to mass production.
- Buyers
- Nano Dimension Ltd.
- Targets
- Desktop Metal, Inc.
- Industry
- IT Services
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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