Stratasys has acquired the key assets and operations of Forward AM, establishing a new standalone company within Stratasys called Mass Additive Manufacturing GmbH. The acquisition comes after months of uncertainty for Forward AM. The company will maintain its brand identity while gaining support from Stratasys’s global infrastructure.
Forward AM will continue to operate as an independent materials brand that works across multiple platforms and partners. The company states that its materials, quality standards, and customer support systems will remain unchanged. Their business model will continue to serve the broader additive manufacturing community.
The integration into Stratasys is expected to provide Forward AM with additional resources for development and market reach. According to the announcement on LinkedIn, this support aims to drive more innovation and value for partners. The acquisition represents a strategic expansion of Stratasys’s materials portfolio.
The company emphasized its commitment to maintaining existing relationships with customers and partners. No financial details or specific timelines regarding the acquisition were disclosed in the announcement.
Source: digitalengineering247.com