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Markforged Completes Digital Metal Acquisition

PRIVATEAug 31, 2022

Acquiring Company

MarkForged

Acquired Company

Digital Metal

WatertownManufacturingSoftwareManufacturing

Description

Markforged (NYSE: MKFG), creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced that it has successfully completed the acquisition of Digital Metal, the creator of a precise and reliable binder jetting solution, extending Markforged’s capabilities into high-throughput production of metal additive parts.

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Company Information

Company

MarkForged

Location

Watertown, Massachusetts, United States

About

MarkForged Inc. specializes in fused filament fabrication (FFF) technology and offers advanced 3D printing solutions. The company's Digital Forge platform integrates hardware and software to produce strong, lightweight parts for various industries, including defense and aerospace. MarkForged's innovations in continuous carbon fiber technology position it as a leader in the additive manufacturing space. As a subsidiary of Nano Dimension, it focuses on enhancing manufacturing capabilities.

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Frequently asked

Who acquired Digital Metal?

Digital Metal was acquired by MarkForged, based in Watertown. The deal was reported on August 31, 2022. MarkForged Inc. specializes in fused filament fabrication (FFF) technology and offers advanced 3D printing solutions. MarkForged is privately held and operates in Manufacturing.

When did MarkForged acquire Digital Metal?

MarkForged's acquisition of Digital Metal was reported on August 31, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Digital Metal do?

Digital Metal’s proprietary binder jetting technology enables the production of highly complex objects with superior surface finish and repeatable accuracy, which is not possible with competing technologies. It is privately held, operating in Manufacturing.

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