Following its acquisitions of Solid Concepts and Harvest Technologies in the middle of last week, Friday saw Stratasys enter into a definitive asset purchase agreement to acquire certain assets of Wisconsin-based Interfacial Solutions, a provider of thermoplastics R&D and production services.
For the last three years, Interfacial Solutions has been a partner to Stratasys for its FDM product lines, a contribution Stratasys confirms as being instrumental in the research, development and production of some of Stratasys’ thermoplastic material.
According to David Reis, CEO of Stratasys this acquisition is set to accelerate Stratasys’ materials development efforts for all of its FDM platforms, including the MakerBot family. The acquisition is further expected to accomplish three objectives for Stratasys, which include strengthening its materials R&D skills and bandwidth; enabling Stratasys to become vertically integrated in material development and manufacturing; and increasing its materials production space and capacity.
Stratasys expects the transaction to close in the second quarter of 2014, subject to the fulfillment of certain customary closing conditions.
