Ultimaker, the Dutch manufacturer of 3D printers, is merging with industry peer MakerBot. Funding comes from NPM Capital and MakerBot owner Stratasys.
Both companies were founded about 10 to 15 years ago and have developed into the most prominent players in the market.
MakerBot emerged from the open source RepRap project in 2008 and was acquired by Stratasys a few years later. Ultimaker was founded in Utrecht in 2011.
However, the market proved difficult. 3D printing did not really catch on among consumers. In fact, they only served the professional market.
$62.4 million has been earmarked for R&D and market expansion. The current offices will continue to exist, but the merged company will be renamed (UltiMakerBot).
Source: Nieuws – Emerce by www.emerce.nl.
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