Tech Company M&A Transactions
MakeTime Acquisition
MakeTime was acquired by Xometry. The transaction occurred on 7/10/2018. No transaction price was announced.
Transaction Overview
Company Name
Acquired By
Announced On
7/10/2018
Transaction Type
M&A
Amount
Unknown
M&A Terms
The acquisition will allow Xometry to grow its national partner network of manufacturers from 1,100 to over 2,300 while gaining MakeTime's enterprise product expertise and features including their Autodesk Fusion add-in and Shop Advantage program. Drura Parrish, MakeTime Founder and CEO, will join Xometry as Executive Vice President for Platform. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
7940 Cessna Ave.
Gaithersburg, MD 20879
USA
Gaithersburg, MD 20879
USA
Phone
Website
Email Address
Overview
MakeTime is an online marketplace that brings a focused solution to the fundamental manufacturing challenge: balancing capacity utilization during peaks and valleys of demand.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. VC transactions reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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