#Origin pro 8,1 full#

вЂњNow, as part of Stratasys, weвЂ™re confident that together we can take on the broader manufacturing ecosystem.вЂќ вЂњWe partnered and developed materials with Origin before Origin One was launched because we believed in their technology and vision for the future of photopolymers in additive manufacturing,вЂќ said FranГ§ois Minec, Managing Director at BASF 3D Printing Solutions GmbH.

Origin works with a network of material partners such as Henkel, BASF and DSM to develop resins for its system.

This new technology enables customers to build parts with industry-leading accuracy, consistency, size and detail, while using a wide range of commercial-grade, durable resins. The companyвЂ™s first manufacturing-grade 3D printer, Origin One, precisely controls light, heat, and force, among other parameters, via Origin's closed-loop feedback software. OriginвЂ™s P 3 technology, an advancement on Digital Light Processing (DLP) principles, cures liquid photopolymer resin with light. In fact, it is estimated that resin polymer-based additive systems will grow at a 20% annual rate from 2020 to 2025. Stratasys anticipates that production-oriented resin-based solutions can address a significant part of the total market for polymer additive manufacturing. Together with our intended entry into powder bed fusion technology, the acquisition of Origin reflects another step in fulfilling our objective to lead in polymer additive manufacturing by offering comprehensive, best-in-class technologies and solutions to create a fully digital additive value chain, designed for Industry 4.0 integration.вЂќДЄccording to an internal Stratasys market analysis, manufacturing applications show the most potential for significant growth in the 3D printing industry, reaching approximately $25 billion by 2025. When combined with OriginвЂ™s extensive materials ecosystem and our industry-leading go-to-market capabilities, we believe we will be able to capture a wide range of in-demand production applications on a global scale. вЂњWe believe OriginвЂ™s software-driven Origin One system is the best in the industry by combining high throughput with incredible accuracy. вЂњOur customers are looking for additive manufacturing solutions that enable use of industrial-grade resins for mass production parts with process and quality control,вЂќ said Stratasys CEO Yoav Zeif.

#Origin pro 8,1 full#

The Origin team will join Stratasys and lead the development of its technology and product platform, with a full global launch via the Stratasys go-to-market organization towards mid-2021. The acquisition is expected to accelerate StratasysвЂ™ growth rate and be slightly dilutive to non-GAAP earnings per share in 2021, and accretive to Stratasys' non-GAAP earnings per share by 2023. Approximately $32 million of the cash expenditure will be at closing. The acquisition will be paid using a combination of stock of approximately $45 million and cash of approximately $55 million at closing and throughout the earnout period. Under the terms of the agreement, the total consideration for the transaction is comprised of $60 million paid on closing ($6 million of which is subject to the founders' retention over 3 years) and $40 million that is subject to performance-based earnouts over 3 years. The acquisition will help fortify StratasysвЂ™ leadership position in polymers and production applications of 3D printing in industries such as dental, medical, tooling, and select industrial, defense, and consumer goods segments. Stratasys expects OriginвЂ™s proprietary Programmable PhotoPolymerization (P 3) technology to be an important growth engine for the company, adding up to $200 million incremental annual revenue within five years. Origin's 3D printers are particularly well-suited to mass production of end-use parts, which is the fastest growing segment of the 3D printing industry and a strategic priority for Stratasys.