The Brooklyn-based company was bought for $400 million, plus an additional $200 million in future billings. But as Borchardt added, many think Stratasys might have pulled off an incredible deal, because the acquisition means it is able to penetrate the individual consumer and small-l business market, rather than relying just on commercial sales.
Worries are now easing about the 3D printing space, said Ciaccia, adding that many thought it would only fit the needs of industrial companies and hobbyists.
With the introduction of the use of metal in the printing process and as the both the price of printers and the cost of the technology behind them decreases, we could really see the industry take off, he said.
While the deal might not affect
all that much, it certainly could pack a punch for
"If I were Autodesk, I'd be pretty upset, because now my product's going to lose my audience," Borchardt said about what the deal means for the individual consumer market.
Ciaccia concurred, adding, "Stratasys and MakerBot have deals with
to really build 3D printing into something that people are going to buy."
-- Written by Bret Kenwell in Petoskey, Mich.
Bret Kenwell currently writes, blogs and also contributes to Rocco Pendola's Weekly Options Newsletter. Focuses on short- to intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.