3D printing has helped recreate dinosaurs and put on Katy Perry concerts, while competition between relatively new companies heats up.
Stratasys is moving forward by combining three companies, Solid Concepts, Harvest Technologies and RedEye, into one commercial additive manufacturing hub, the company announced on Feb. 19. Solid Concepts and Harvest Technologies were leading, privately-held 3D printing service bureaus purchased by Stratasys in April 2014. Solid Concepts was purchased for about $295 million, while the amount Harvest Technologies sold for was not disclosed. RedEye was already a subsidiary of Stratasys.
The three have now combined to offer services like tooling, molding and CNC machining. They will offer Stratasys patented printing techniques such as Direct Metal Laser Sintering, Fused Deposition Modeling and PolyJet printing, plus more related to manufacturing and rapid prototyping.
“Organizations need partners who can keep up with the rapidly changing manufacturing landscape and provide not only a range of services, but expertise and innovation to stay ahead of the competition,” said Joe Allison, CEO of Stratasys Direct Manufacturing, in a press release. “Our company brings together the latest technologies and materials, years of experience and the highest quality standards to meet the part production needs of customers across industries from aerospace and medical to consumer products and entertainment.”
With the addition of Solid Concepts and Harvest Technologies, Stratasys Direct Manufacturing has more than 600 employees working in eight manufacturing facilities, all located inside the United States.
Parent company Stratasys Ltd. is headquartered in Minneapolis, Minn. and Rehovot, Isreal.
Filed Under: Rapid prototyping