Flexible Electronics News

Nano Dimension to Acquire Markforged

Merging of Nano Dimension with Desktop Metal, Markforged will have the scale and capital to drive profitable expansion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Nano Dimension Ltd. and Markforged Holding Corporation jointly announced that they have entered into a definitive agreement pursuant to which Nano Dimension will acquire all outstanding shares of Markforged in an all-cash transaction for $5.00 per share. In acquiring Markforged, Nano Dimension is acquiring a company with scale and efficiency. Markforged’s 2023 revenue was $93.8 million with a 47.4% gross margin and 48.6% non-GAAP gross margin, and a second quarter of 2024 gross margin of 48.3...

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