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M&A Deal Summary

Stratasys Acquires Riven

On October 25, 2022, Stratasys acquired internet software and services company Riven

Acquisition Highlights
  • This is Stratasys’ 2nd transaction in the Internet Software and Services sector.
  • This is Stratasys’ 8th transaction in the United States.
  • This is Stratasys’ 3rd transaction in California.

M&A Deal Summary
Date 2022-10-25
Target Riven
Sector Internet Software and Services
Buyer(s) Stratasys
Deal Type Add-on Acquisition

Target

Riven

Berkeley, California, United States
Riven is an open cloud software company accelerating high-precision additive manufacturing. The company's Warp-Adapted Models (WAM) based on proprietary 3D reality intelligence correct dimensional defects to meet demanding specifications at the production scale. It cuts weeks on product launches and expands additive manufacturing applications for service bureaus and OEMs. Riven is based in Berkeley, California.

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Buyer(S) 1

Buyer

Stratasys

Rehovot, Israel
Category Company
Founded 1989
Sector Technology Hardware
Employees1,779
Revenue 572M USD (2024)
DESCRIPTION
Entrance to Stratasys' corporate headquarters in Eden Praire, Minnesota.
Entrance to Stratasys' corporate headquarters in Eden Praire, Minnesota.

Stratasys is a manufacturer of 3D printers and 3D production systems for office-based rapid prototyping and direct digital manufacturing solutions. Stratasys was founded in 1989 and is based in Rehovot, Israel.

DEAL STATS #
Overall 15 of 15
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 11 of 11
State: California M&A 3 of 3
Country: United States M&A 8 of 8
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-08 Covestro’s Additive Manufacturing Materials Business

Leverkusen, Germany

Covestro’s Additive Manufacturing Materials Business includes R&D facilities and activities, global development and sales teams across Europe, the U.S., and China, a portfolio of approximately 60 additive manufacturing materials, and an extensive IP portfolio comprised of hundreds of patents and patents pending.

Buy €43M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-27 Stratasys Direct

Valencia, California, United States

Stratasys Direct is an on-demand parts service bureau using a breadth of technological expertise. Stratasys Direct is based in Valencia, California.

Sell -
Mergr

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