Statasys acquires 3D printer manufacturer Solidscape

Additive-manufacturing system maker Stratasys has acquired Solidscape for $38m (£23m) plus certain purchase price adjustments.

Solidscape is a manufacturer of 3D printers serving investment casting applications in the jewellery, medical, dental and industrial markets.

The company’s technology produces patterns that are used to cast highly precise metal parts.

Based in New Hampshire, US, Solidscape had revenues of $13.4m and generated approximately $4.3m in EBITDA in 2010.