{"id":193047,"date":"2023-04-05T00:00:00","date_gmt":"2023-04-05T00:00:00","guid":{"rendered":"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/"},"modified":"2023-04-05T00:00:00","modified_gmt":"2023-04-05T00:00:00","slug":"stratasys-acquires-covestros-am-materials-business-am-industry","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/","title":{"rendered":"Stratasys acquires Covestro\u2019s AM materials business AM Industry"},"content":{"rendered":"<p>Stratasys Ltd has completed the acquisition of the additive manufacturing materials business of Covestro AG. The acquisition, which is immediately accretive, includes R&amp;D facilities and activities, global development and sales teams across Europe, the US, and Asia, a portfolio of approximately 60 additive manufacturing materials, and an extensive IP portfolio comprised of hundreds of patents and pending patents.<\/p>\n<p>The materials, IP portfolio, and talent Stratasys acquired from Covestro will help Stratasys address new <a href=\"https:\/\/facfox.com\/news\/topics\/insights\/applications\" target=\"_blank\" rel=\"noopener\">application<\/a>s in key technology categories such as stereolithography, P3\/<a href=\"https:\/\/facfox.com\/service\/sla-dlp-3d-printing-service\" target=\"_blank\" rel=\"noopener\">DLP<\/a>, and powder bed fusion \u2013 including SAF technology. They complement Stratasys\u2019 existing materials expertise for PolyJet and <a href=\"https:\/\/facfox.com\/service\/fdm-3d-printing-service\" target=\"_blank\" rel=\"noopener\">FDM<\/a> technologies.<\/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>Order custom parts through our online manufacturing network. Low cost, fast delivery. Upload your design for free quotes now!<\/div>\n<\/div>\n<p><a href=\"https:\/\/facfox.com\" target=\"_self\" rel=\"noopener noreferrer\" style=\"background-color: #0baee8;color: white;padding: 10px 20px;border-radius: 4px\"><i aria-hidden=\"true\" class=\"fa-fw auxicon auxicon-cloud-upload\"><\/i> Get Quote<\/a><\/div>\n<p><img decoding=\"async\" src=\"\/news\/wp-content\/uploads\/2023\/05\/2836579650284231559.jpg\" class=\"aligncenter\">   Automotive air vent prototypes 3D printed with Somos WaterShed Black resin on Neo450 3D printers from Stratasys.   <\/p>\n<p>\u201cToday marks a significant milestone for us as we solidify our leadership in the polymer additive manufacturing industry,\u201d said Dr. Yoav Zeif, CEO of Stratasys. \u201cWith this acquisition, we\u2019re not just expanding our materials portfolio for our broad array of <a href=\"https:\/\/facfox.com\/service\/3d-printing-service\" target=\"_blank\" rel=\"noopener\">3D printing<\/a> technologies \u2013 we\u2019re also paving the way for more new innovations. Additionally, our growing team of in-house materials experts will be in a stronger position to collaborate with our materials ecosystem p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>ners. Together, we\u2019ll be able to address more <a href=\"https:\/\/facfox.com\/news\/topics\/insights\/applications\" target=\"_blank\" rel=\"noopener\">application<\/a>s faster, pushing the boundaries of what\u2019s possible in additive manufacturing.\u201d<\/p>\n<p>All materials are available through Stratasys and its global p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>ners under the Somos and Addigy brands \u2013 benefiting customers with greater global sales, service, and support infrastructure. Stratasys will reportedly continue to fully support customers whether the materials are used with Stratasys or third-p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>y 3D printers.<\/p>\n<p>\u201cA new material can be as transformative to a market as a new <a href=\"https:\/\/facfox.com\/service\/3d-printing-service\" target=\"_blank\" rel=\"noopener\">3D printing<\/a>,\u201d said Hugo da Silva, who was previously Vice President of Covestro Additive Manufacturing and is now Vice President of Strategy, M&amp;A, and Venturing at Stratasys. \u201cWhether it\u2019s flame, heat, and smoke resistant materials for <a href=\"https:\/\/facfox.com\/news\/topics\/aerospace\" target=\"_blank\" rel=\"noopener\">aerospace<\/a>, new biocompatible materials for <a href=\"https:\/\/facfox.com\/news\/topics\/medical\" target=\"_blank\" rel=\"noopener\">medical<\/a> <a href=\"https:\/\/facfox.com\/news\/topics\/insights\/applications\" target=\"_blank\" rel=\"noopener\">application<\/a>s, or resilient materials with ESD properties for electric <a href=\"https:\/\/facfox.com\/news\/topics\/automotive\" target=\"_blank\" rel=\"noopener\">vehicle<\/a>s, we know that the more we bring new materials innovations to market as p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a> of use case solutions, the more we can transform how everything is manufactured around the world,\u201d<\/p>\n<blockquote style=\"font-size: 16px;border-left: 4px solid #cdcdcd;border-radius: 4px;background-color: #f9f9f9;font-weight: 500;color: dimgrey\">\n<h5 style=\"margin-bottom: 6px\">You might also like:<\/h5>\n<p><a href=\"https:\/\/www.voxelmatters.com\/adroitec-to-distribute-stratasys-3d-printers-in-india\/\" target=\"_blank\" rel=\"noopener\">Adroitec to distribute Stratasys 3D printers in India: <\/a>This partnership will combine the complete capabilities and offerings of Stratasys in polymer additive manufacturing \u2013 from products designed to yield functional and multi-color prototypes to systems for manufacturing tooling components to systems focused on mass production applications \u2013 with the deep manufacturing domain knowledge and robust presence of Adroitec in the manufacturing sector. The result will be end-to-end solutions from concept to prototyping for manufacturing companies based out of India.<\/p><\/blockquote>\n<p style=\"font-size: 14px;color: grey\">* This article is reprinted from <a href=\"https:\/\/www.voxelmatters.com\/stratasys-acquires-covestros-am-materials-business\/\" 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:&nbsp;Edward Wakefield<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stratasys Ltd has completed the acquisition of the additive manufacturing materials business of Covestro AG. The acquisition, which is immediately accretive, includes R&#038;D facilities and activities, global development and sales teams across Europe, the US, and Asia, a portfolio of approximately 60 additive manufacturing materials, and an extensive IP portfolio comprised of hundreds of patents and pending patents.<\/p>\n","protected":false},"author":3,"featured_media":193049,"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\/2023\/05\/2836579650284231559.jpg","fifu_image_alt":"","footnotes":""},"categories":[285],"tags":[4046,5120],"class_list":["post-193047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-acquisitions","tag-mergers-partnershipsadvanced-polymersmaterials"],"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>Stratasys acquires Covestro\u2019s AM materials business AM Industry - FacFox News<\/title>\n<meta name=\"description\" content=\"Stratasys Ltd has completed the acquisition of the additive manufacturing materials business of Covestro AG. The acquisition, which is immediately accretive, includes R&amp;D facilities and activities, global development and sales teams across Europe, the US, and Asia, a portfolio of approximately 60 additive manufacturing materials, and an extensive IP portfolio comprised of hundreds of patents and pending patents.\" \/>\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\/stratasys-acquires-covestros-am-materials-business-am-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stratasys acquires Covestro\u2019s AM materials business AM Industry\" \/>\n<meta property=\"og:description\" content=\"Stratasys Ltd has completed the acquisition of the additive manufacturing materials business of Covestro AG. The acquisition, which is immediately accretive, includes R&amp;D facilities and activities, global development and sales teams across Europe, the US, and Asia, a portfolio of approximately 60 additive manufacturing materials, and an extensive IP portfolio comprised of hundreds of patents and pending patents.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"FacFox News\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-05T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"\/news\/wp-content\/uploads\/2023\/05\/2836579650284231559.jpg\" \/><meta property=\"og:image\" content=\"\/news\/wp-content\/uploads\/2023\/05\/2836579650284231559.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"780\" \/>\n\t<meta property=\"og:image:height\" content=\"451\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vera\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"\/news\/wp-content\/uploads\/2023\/05\/2836579650284231559.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Vera\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/\"},\"author\":{\"name\":\"Vera\",\"@id\":\"https:\/\/facfox.com\/news\/#\/schema\/person\/7b701aad2d8f434034fcecd2c50a570c\"},\"headline\":\"Stratasys acquires Covestro\u2019s AM materials business AM Industry\",\"datePublished\":\"2023-04-05T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/\"},\"wordCount\":496,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/facfox.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/facfox.com\/news\/wp-content\/uploads\/2023\/05\/042a43379b031770580c50d832839ccf.jpg\",\"keywords\":[\"Acquisitions\",\"Mergers &amp; PartnershipsAdvanced PolymersMaterials\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/\",\"url\":\"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/\",\"name\":\"Stratasys acquires Covestro\u2019s AM materials business AM Industry - FacFox News\",\"isPartOf\":{\"@id\":\"https:\/\/facfox.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/facfox.com\/news\/stratasys-acquires-covestros-am-materials-business-am-industry\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/facfox.com\/news\/wp-content\/uploads\/2023\/05\/042a43379b031770580c50d832839ccf.jpg\",\"datePublished\":\"2023-04-05T00:00:00+00:00\",\"description\":\"Stratasys Ltd has completed the acquisition of the additive manufacturing materials business of Covestro AG. 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