{"id":185736,"date":"2021-10-13T08:22:40","date_gmt":"2021-10-13T08:22:40","guid":{"rendered":"http:\/\/facfox.com\/news\/?p=185736"},"modified":"2021-10-26T08:27:35","modified_gmt":"2021-10-26T08:27:35","slug":"printerprezz-acquires-vertex-manufacturing","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/printerprezz-acquires-vertex-manufacturing\/","title":{"rendered":"PrinterPrezz Acquires Vertex Manufacturing"},"content":{"rendered":"<p>PrinterPrezz, Inc. and Vertex Manufacturing have completed the merger between the companies, both active in the advanced manufacturing sector and specifically in advancing and evolving the AM workflow. Financial details of the transaction were not disclosed. The deal is significant as it marks one of the first times that a new entry AM software company (PrinterPrezz) has acquired a physical AM service provider (Vertex). Both companies are innovative in their approach to AM: PrinterPrezz in terms of its holistic approach to the AM workflow and Vertex, a new company founded by industry veterans, in terms of their adoption of new AM technologies such as those provided by Velo3D along with PrinterPrezz software.<\/p>\n<p>\u201cBringing together the complementary strengths of two innovative companies in the advanced manufacturing space is a transformative event that will allow customers across multiple industries to benefit from best-in-class proprietary technologies, IP, and AM workflow,\u201d stated Shri Shetty, CEO of PrinterPrezz. \u201cSolving the problem of the fragmented nature of the additive manufacturing supply chain, we created an end-to-end platform to optimize the process from device innovation through volume manufacturing. This acquisition provides PrinterPrezz with core fundamental post-processing technologies relevant to accelerate time to market for <a href=\"https:\/\/facfox.com\/news\/topics\/medical\" target=\"_blank\" rel=\"noopener\">medical<\/a> devices.\u201d<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"\/news\/wp-content\/uploads\/2021\/10\/8672983840241246588.jpg\" \/><\/p>\n<div style=\"background-color: #eaeaea7a; padding: 15px 30px; align-items: center; border-radius: 4px; margin-top: 1em; margin-bottom: 1em;\">\n<div style=\"flex: 1; padding-right: 30px;\">\n<h4 style=\"margin-bottom: 14px;\">Manufacturing on Demand<\/h4>\n<div>Online manufacturing service that meets your most stringent requirements. Get competitive quotes and put your parts into production.<\/div>\n<\/div>\n<p><a style=\"background-color: #0baee8; color: white; padding: 10px 20px; border-radius: 4px;\" href=\"https:\/\/facfox.com\" target=\"_self\" rel=\"noopener noreferrer\"><i class=\"fa-fw auxicon auxicon-cloud-upload\" aria-hidden=\"true\"><\/i> Get Quote<\/a><\/p>\n<\/div>\n<p>Continued Shetty, \u201cOver the past two years, our two companies have had a great working relationship. They immediately strengthen our technical capability and provide a location with a deep history of manufacturing expertise. We value their experience and perspective and look forward to leveraging Vertex Manufacturing\u2019s vast knowledge as we create a global platform.\u201d<\/p>\n<p>Greg Morris, CEO of Vertex Manufacturing and PrinterPrezz CTO added: \u201cI have been a p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a> of the PrinterPrezz organization since its earliest phases, originally as a member of the Board of Advisors and more recently as Chief Technology Officer. The opportunity to bring Vertex into the PrinterPrezz organization is an incredible opportunity for both companies\u2019 customers.\u201d Morris added, \u201cWe believe the cross-pollination of various industries is a tremendous strength. As such, our Cincinnati, Ohio facility will rapidly grow to support the installation of new additive manufacturing and post-processing tools to support all of our existing customers as well as to support the increasing demand from the <a href=\"https:\/\/facfox.com\/news\/topics\/medical\" target=\"_blank\" rel=\"noopener\">medical<\/a> industry.\u201d<\/p>\n<p>PrinterPrezz expects the acquisition to deliver significant benefits to customers by leveraging PrinterPrezz and Vertex Manufacturing\u2019s complementary technologies. PrinterPrezz\u2019s Silicon Valley headqu<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>ers will continue to primarily focus on <a href=\"https:\/\/facfox.com\/news\/topics\/medical\" target=\"_blank\" rel=\"noopener\">medical<\/a> devices, leveraging in-house regulatory experience, clinician-driven design, additive manufacturing expertise, and in-house nanotechnology development. The Fremont, California design, engineering and manufacturing center will continue to maintain all requirements for <a href=\"https:\/\/facfox.com\/news\/topics\/medical\" target=\"_blank\" rel=\"noopener\">medical<\/a> device manufacturing including ISO-13485:2016 and all relevant regulatory requirements.<\/p>\n<p>Vertex Manufacturing will continue to support all advanced manufacturing industries including <a href=\"https:\/\/facfox.com\/news\/topics\/medical\" target=\"_blank\" rel=\"noopener\">medical<\/a>, <a href=\"https:\/\/facfox.com\/news\/topics\/aerospace\" target=\"_blank\" rel=\"noopener\">aerospace<\/a>, defense, oil &amp; gas, <a href=\"https:\/\/facfox.com\/news\/topics\/energy\" target=\"_blank\" rel=\"noopener\">energy<\/a> and <a href=\"https:\/\/facfox.com\/news\/topics\/consumer\" target=\"_blank\" rel=\"noopener\">consumer<\/a> goods industries. The Cincinnati, Ohio engineering and manufacturing center will maintain all of its current certifications including ISO 13485:2016 and SAE AS9100:2016. The Cincinnati facility remains and will continue to be fully ITAR compliant and registered.<\/p>\n<div><\/div>\n<div>\n<div><\/div>\n<\/div>\n<p style=\"font-size: 14px; color: grey;\">* This article is reprinted from <a href=\"https:\/\/www.3dprintingmedia.network\/printerprezz-acquires-vertex-manufacturing\/\" target=\"_blank\" rel=\"noopener\">3D Printing Media Network<\/a>. If you are involved in infringement, please contact us to delete it.<\/p>\n<p><i class=\"far fa-fw fa-user\"><\/i> Author: Davide Sher<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PrinterPrezz, Inc. and Vertex Manufacturing have completed the merger between the companies, both active in the advanced manufacturing sector and specifically in advancing and evolving the AM workflow. Financial details of the transaction were not disclosed. The deal is significant as it marks one of the first times that a new entry AM software company (PrinterPrezz) has acquired a physical AM service provider (Vertex). Both companies are innovative in their approach to AM: PrinterPrezz in terms of its holistic approach to the AM workflow and Vertex, a new company founded by industry veterans, in terms of their adoption of new AM technologies such as those provided by Velo3D along with PrinterPrezz software.<\/p>\n","protected":false},"author":3,"featured_media":185820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"\/news\/wp-content\/uploads\/2021\/10\/8672983840241246588.jpg","fifu_image_alt":"PrinterPrezz Acquires Vertex Manufacturing","footnotes":""},"categories":[37],"tags":[24,87,133,129,54],"class_list":["post-185736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-design","tag-3d-printing","tag-design","tag-device","tag-medical","tag-metal"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PrinterPrezz Acquires Vertex Manufacturing - FacFox News<\/title>\n<meta name=\"description\" content=\"PrinterPrezz, Inc. and Vertex Manufacturing have completed the merger between the companies, both active in the advanced manufacturing sector and specifically in advancing and evolving the AM workflow. Financial details of the transaction were not disclosed. The deal is significant as it marks one of the first times that a new entry AM software company (PrinterPrezz) has acquired a physical AM service provider (Vertex). Both companies are innovative in their approach to AM: PrinterPrezz in terms of its holistic approach to the AM workflow and Vertex, a new company founded by industry veterans, in terms of their adoption of new AM technologies such as those provided by Velo3D along with PrinterPrezz software. PrinterPrezz, Inc. and Vertex Manufacturing have completed the merger between the companies, both active in the advanced manufacturing sector and specifically in advancing and evolving the AM workflow.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/facfox.com\/news\/printerprezz-acquires-vertex-manufacturing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PrinterPrezz Acquires Vertex Manufacturing\" \/>\n<meta property=\"og:description\" content=\"PrinterPrezz, Inc. and Vertex Manufacturing have completed the merger between the companies, both active in the advanced manufacturing sector and specifically in advancing and evolving the AM workflow. Financial details of the transaction were not disclosed. The deal is significant as it marks one of the first times that a new entry AM software company (PrinterPrezz) has acquired a physical AM service provider (Vertex). Both companies are innovative in their approach to AM: PrinterPrezz in terms of its holistic approach to the AM workflow and Vertex, a new company founded by industry veterans, in terms of their adoption of new AM technologies such as those provided by Velo3D along with PrinterPrezz software. 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