Fast Radius Announces Acquisition By Sybridge Technologies, Pending Court Approval
Acquiring Company
SyBridge Technologies
Acquired Company
Fast Radius, Inc.
ChicagoManufacturingInformation TechnologyNatural ResourcesFinancial ServicesCommunity And LifestyleManufacturingDescription
Fast Radius, Inc. (OTCMKTS: FSRDQ) (“Fast Radius'' or the “Company”) announced today that, following a comprehensive sale process and competitive auction conducted under Section 363 of the U.S. Bankruptcy code, SyBridge Technologies will acquire Fast Radius’ assets. Under SyBridge, Fast Radius will build its digital manufacturing and software business and will go to market under the Fast Radius brand name.
Quick answer
SyBridge Technologies is acquiring Fast Radius, Inc., announced December 9, 2022.
- Who acquired Fast Radius, Inc?
- SyBridge Technologies agreed to acquire Fast Radius, Inc. on December 9, 2022.
- How much did SyBridge Technologies pay for Fast Radius, Inc?
- The deal value was not disclosed.
- What does SyBridge Technologies do?
- SyBridge Technologies was established in 2019 by Crestview Partners to create a global technology leader that provides value-added design and manufacturing solutions across multiple industries.
- Where are SyBridge Technologies and Fast Radius, Inc. based?
- Fast Radius, Inc. is based in Chicago, Illinois, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Fast Radius, Inc.?
Fast Radius, Inc. was acquired by SyBridge Technologies. The deal was reported on December 9, 2022. SyBridge Technologies was established in 2019 by Crestview Partners to create a global technology leader that provides value-added design and manufacturing solutions across multiple industries. SyBridge Technologies is privately held and operates in Manufacturing.
When did SyBridge Technologies acquire Fast Radius, Inc.?
SyBridge Technologies's acquisition of Fast Radius, Inc. was reported on December 9, 2022. Fast Radius, Inc. (OTCMKTS: FSRDQ) (“Fast Radius'' or the “Company”) announced today that, following a comprehensive sale process and competitive auction conducted under Section 363 of the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fast Radius, Inc. do?
Fast Radius, Inc. is a cloud manufacturing and digital supply chain company. It is privately held, operating in Manufacturing, and is based in Chicago.
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