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Stratasys Inc (ISRAEL) - SSYS STOCK NEWS

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Stratasys Ltd. (NASDAQ: SSYS), headquartered in Minneapolis, Minnesota, and Rehovot, Israel, is a leading global provider of 3D printing and additive manufacturing solutions. Utilizing patented technologies such as FDM®, PolyJet®, and WDM™, Stratasys produces high-quality prototypes and manufactured goods directly from 3D CAD files or other 3D content.

Stratasys offers an array of 3D printers tailored for idea development, prototyping, and direct digital manufacturing. The company's subsidiaries include MakerBot and Solidscape, and it operates the RedEye digital-manufacturing service. Stratasys is an innovation leader, holding over 550 granted or pending additive manufacturing patents globally and has been awarded more than 25 accolades for its technological advancements and leadership.

Stratasys focuses primarily on polymer-based 3D printing solutions. These solutions cater to various sectors, including industrial, healthcare, and consumer fields. The company believes that polymer 3D printing solutions offer significant growth opportunities in the rapidly expanding 3D printing industry.

The company's comprehensive product line includes 3D printers such as FDM, PolyJet, Stereolithography, P3, and SAF. Additionally, Stratasys provides software solutions like GrabCAD Software, Connectivity, Digital Anatomy Creator, and OpenAM Software, which enhance the functionality and connectivity of their 3D printing systems.

Revenue generation for Stratasys comes from the sale of 3D printing systems, related services, and consumables, as well as providing comprehensive additive manufacturing solutions. With a workforce of over 1,900 employees, Stratasys continues to push the boundaries of what's possible in 3D printing.

Recent developments at Stratasys highlight the company's commitment to innovation and growth in the 3D printing landscape. Their latest news and updates reflect ongoing projects, new partnerships, and advancements in technology that keep them at the forefront of the industry.

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Desktop Metal terminates merger agreement with Stratasys Ltd.
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Orca Security appoints new CFO and promotes new Chief Product Officer to support the company's growth in the cloud security market.
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Desktop Metal stockholders approve merger agreement with Stratasys, but Stratasys stockholders do not vote in favor, resulting in termination of the agreement. Desktop Metal remains confident in its business trajectory and focuses on reducing costs and generating revenue. Cash on hand is $127.6 million.
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Stratasys terminates merger agreement with Desktop Metal and explores strategic alternatives. Shareholder rights plan extended. No concrete numbers provided.
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Stratasys completes sale of urethane facilities to PolyCraft Tech, enhancing focus and profitability
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Stratasys urges shareholders to vote 'FOR' proposals related to the merger with Desktop Metal, highlighting the significant growth opportunities and creation of a leading additive manufacturing company. The merger is expected to generate $1.6+ billion of revenue and $300+ million of EBITDA in 2026, forming a >$1B AM company with a 20% pro forma EBITDA margin. Sell-side analysts agree that the combination creates a clear industry leader and makes sense.
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Stratasys highlights challenges with 3D Systems' inadequate offer
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Stratasys urges shareholders to vote 'FOR' merger agreement with Desktop Metal, creating an additive manufacturing powerhouse. Combination with Desktop Metal expected to double Stratasys' total addressable market for manufacturing by 2027. Cost synergies of $50+ million and revenue synergies of $50M expected by 2025. Transaction expected to generate $1.6+ billion of revenue and $300+ million of EBITDA in 2026.
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Stratasys rejects revised proposal from 3D Systems to acquire the company for $7.00 in cash and 1.6387 newly issued shares of 3D Systems common stock per share, stating that it significantly undervalues Stratasys. Stratasys reaffirms support for pending combination with Desktop Metal. Concerns raised about 3D Systems' short-term growth prospects, profitability, synergy potential, regulatory risks, and management team's ability. Stratasys encourages shareholders to vote in favor of the merger with Desktop Metal.
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Stratasys announces mailing of proxy materials for the Extraordinary Meeting of Shareholders to vote on the merger with Desktop Metal, creating a next-generation additive manufacturing company. The merger is expected to accelerate growth, generate cost and revenue synergies, and increase revenue and EBITDA by 2026.
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FAQ

What is the current stock price of Stratasys (ISRAEL) (SSYS)?

The current stock price of Stratasys (ISRAEL) (SSYS) is $9.45 as of December 20, 2024.

What is the market cap of Stratasys (ISRAEL) (SSYS)?

The market cap of Stratasys (ISRAEL) (SSYS) is approximately 693.1M.

What does Stratasys Ltd. specialize in?

Stratasys Ltd. specializes in 3D printing and additive manufacturing solutions, with a focus on polymer-based 3D printing.

Where is Stratasys Ltd. headquartered?

Stratasys Ltd. is headquartered in Minneapolis, Minnesota, USA, and Rehovot, Israel.

What technologies does Stratasys use in its 3D printers?

Stratasys uses technologies like FDM®, PolyJet®, and WDM™ in its 3D printers.

What industries does Stratasys serve?

Stratasys serves various industries, including industrial, healthcare, and consumer sectors.

How does Stratasys generate revenue?

Stratasys generates revenue through the sale of 3D printing systems, related services, consumables, and by providing comprehensive additive manufacturing solutions.

What are some subsidiaries of Stratasys Ltd.?

Stratasys Ltd.'s subsidiaries include MakerBot and Solidscape.

What software solutions does Stratasys offer?

Stratasys offers software solutions like GrabCAD Software, Connectivity, Digital Anatomy Creator, and OpenAM Software.

How many employees does Stratasys have?

Stratasys has over 1,900 employees.

How many patents does Stratasys hold?

Stratasys holds over 550 granted or pending additive manufacturing patents globally.

What recent achievements has Stratasys accomplished?

Stratasys has received more than 25 awards for its technology and leadership, reflecting its commitment to innovation and industry advancement.

Stratasys Inc (ISRAEL)

NYSE:SSYS

SSYS Rankings

SSYS Stock Data

693.15M
57.58M
19.35%
51.97%
2.18%
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