Polymer 3D printing leader, Stratasys (Nasdaq:SSYS), acquires Arevo’s technology and IP assets, signaling a strategic move for innovation.
Stratasys Ltd. (Nasdaq:SSYS) has solidified its position in the additive manufacturing sector by acquiring Arevo’s technology portfolio, including its Intellectual Property (IP) estate. Following Arevo, Inc.’s cessation of operations in 2023, Stratasys aims to leverage the acquired IP estate’s foundational patents in carbon fiber printing, Z-strength improvement, AI build monitoring, and hardware design.
The integration of these technologies into Stratasys FDM 3D printing systems is anticipated to broaden manufacturing applications, addressing challenges related to part strength, isotropy, build reliability, and system throughput. Rich Garrity, Chief Industrial Business Officer at Stratasys, emphasized the technology’s potential to enhance isotropy in FDM parts, providing additional utility for customers.
This strategic move aligns with Stratasys’ commitment to innovation, both organically and through technology/IP acquisitions. With 2,600 granted and pending patents, Stratasys maintains a distinguished position in the industry. The acquisition of Arevo’s assets underscores Stratasys’ dedication to providing valuable solutions for its manufacturing customers.
