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Markforged Completes Digital Metal Acquisition

PRIVATEAug 31, 2022

Acquiring Company

Markforged

Acquired Company

Digital Metal

WatertownManufacturingSoftwareManufacturing

Description

Markforged (NYSE: MKFG), creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced that it has successfully completed the acquisition of Digital Metal, the creator of a precise and reliable binder jetting solution, extending Markforged’s capabilities into high-throughput production of metal additive parts.

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Company Information

Company

Markforged

Location

Watertown, Massachusetts, United States

About

Markforged (NYSE: MKFG) is reimagining how humans build everything by leading a technology-driven transformation of manufacturing with solutions for enterprises and societies throughout the world. The Markforged Digital Forge brings the power and speed of agile software development to industrial manufacturing, combining hardware, software, and materials to solve supply chain problems right at the point of need. Engineers, designers, and manufacturing professionals all over the world rely on Markforged metal and composite printers for tooling, fixtures, functional prototyping, and high-value end-use production. Markforged is headquartered in Watertown, Mass., where it designs its products with approximately 450 employees worldwide. To learn more, visit www.markforged.com.

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Frequently asked

Who acquired Digital Metal?

Digital Metal was acquired by Markforged, based in Watertown. The deal was reported on August 31, 2022. Markforged (NYSE: MKFG) is reimagining how humans build everything by leading a technology-driven transformation of manufacturing with solutions for enterprises and societies throughout the world. Markforged is privately held and operates in Manufacturing.

When did Markforged acquire Digital Metal?

Markforged's acquisition of Digital Metal was reported on August 31, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Digital Metal do?

Digital Metal’s proprietary binder jetting technology enables the production of highly complex objects with superior surface finish and repeatable accuracy, which is not possible with competing technologies. It is privately held, operating in Manufacturing.

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