We are pleased to announce that Fortissimo Capital has entered into an agreement to make a significant investment in Stratasys Ltd. (Nasdaq: SSYS), a leader in Additive Manufacturing and 3D printing solutions. As part of this investment, we will also assume a board position upon the closing of the transaction and will be entitled to designate a second board member if and once we own 20%.
Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products, and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain.
This partnership aligns with our longstanding commitment to driving innovation and growth in the digital printing sector. Since 2005, Fortissimo has invested in industry pioneers such as NUR Macroprinters (acquired by HP in 2008), DipTech (acquired by Ferro Corporation in 2017), Kornit Digital (Nasdaq: KRNT), which went public in 2015, and Tritone Technologies, an innovative metal additive manufacturing solutions provider. Each of these investments has strengthened our expertise and deepened our experience in the Additive Manufacturing and digital printing space.
After closely monitoring Stratasys’s evolution over the years, we believe this juncture presents an ideal opportunity for partnership. We look forward to supporting Stratasys in its next chapter and driving long-term success for all stakeholders.
Read Stratasys Press Release Here
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