Proto Labs, the world’s leading manufacturer with the support of digital technologies, has concluded a final purchase agreement 3D Hubs, a leading online manufacturing platform that provides technicians with on-demand access to a worldwide network of approximately 240 manufacturing partners. The transaction creates the most comprehensive range of tailor-made digital manufacturing for custom parts and provides Protolabs with a network of manufacturing partners to meet a wide range of options beyond its current shell, as well as a wider range of pricing and lead times.
Founded in 2013, 3D Hubs has enabled the production of more than 6 million custom parts and products through its digital platform. 3D Hubs provides customers with instant pricing and design feedback. Orders are fulfilled through well-proven production partners in more than 20 countries around the world, who offer huge production capacity and a wide range of production capabilities at various levels of competitive prices.
Protolabs anticipates that the acquisition of 3D Hubs will accelerate earnings growth and slightly dilute to non-GAAP earnings per share in 2021. The transaction is expected to close by the end of January, under normal closing conditions.
Source: Aktuality – 2D a 3D CAD Design Software by www.cad.cz.
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