Tech Company M&A Transactions
MakerBot Acquisition
Headquartered in Brooklyn, MakerBot was bought by Stratasys. Stratasys said the transaction price was $403 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/19/2013
Transaction Type
M&A
Amount
$403,000,000
M&A Terms
The proposed merger has an initial value of $403 million based on Stratasys' closing stock price of $84.60 as of June 19, 2013. MakerBot stakeholders also qualify for performance-based earn-outs that provide for the issue of up to an additional 2.38 million shares through the end of 2014. The proposed earn-out payments have an initial value of up to $201 million based on the Stratasys closing stock price as of June 19, 2013. Those payments, if earned, will be made in Stratasys shares or cash (in an amount reflecting the value of the Stratasys shares that would have otherwise been issued at the relevant earn out determination date), or a combination thereof, at Stratasys' discretion.
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
One MetroTech Center 21st Floor
Brooklyn, NY 11201
USA
Brooklyn, NY 11201
USA
Phone
Website
Email Address
Overview
MakerBot Industries is a rapidly growing, Brooklyn-based startup that designs and manufactures low cost 3D printers. We make machines that make things!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jenny Lawton
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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