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Nano Dimension Bolsters AM Leadership with Markforged Acquisition

Nano Dimension (NNDM) has released an update.

Nano Dimension is set to acquire Markforged in a strategic move to expand its leadership in the Additive Manufacturing (AM) sector, with the merger expected to generate a combined revenue of $340 million for 2023. The acquisition will fortify Nano Dimension’s product offerings and drive future growth, supported by a strong post-transaction cash position of approximately $475 million. This consolidation aims to create a comprehensive suite of AM solutions and capitalize on the high growth potential of the metal AM segment.

For further insights into NNDM stock, check out TipRanks’ Stock Analysis page.

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