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Nano Dimension Bolsters AM Leadership with Markforged Acquisition

Nano Dimension Bolsters AM Leadership with Markforged Acquisition

Nano Dimension (NNDM) has released an update.

Nano Dimension is set to acquire Markforged in a strategic move to expand its leadership in the Additive Manufacturing (AM) sector, with the merger expected to generate a combined revenue of $340 million for 2023. The acquisition will fortify Nano Dimension’s product offerings and drive future growth, supported by a strong post-transaction cash position of approximately $475 million. This consolidation aims to create a comprehensive suite of AM solutions and capitalize on the high growth potential of the metal AM segment.

For further insights into NNDM stock, check out TipRanks’ Stock Analysis page.

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