ADDITIVE MANUFACTURING
Businesswire | April 06, 2023
Stratasys Ltd., a leader in polymer 3D printing solutions, today announced it has completed the acquisition of the additive manufacturing materials business of Covestro AG (DAX: 1COV). The acquisition, which is immediately accretive, includes R&D facilities and activities, global development and sales teams across Europe, the U.S. and Asia, a portfolio of approximately 60 additive manufacturing materials, and an extensive IP portfolio comprised of hundreds of patents and patents pending.
The materials, IP portfolio, and talent Stratasys acquired from Covestro will help Stratasys address new applications in key technology categories such as stereolithography, P3/DLP, and powder bed fusion, including SAF™ technology. They complement Stratasys’ existing deep materials expertise for PolyJet and FDM® technologies.
“Today marks a significant milestone for us as we solidify our leadership in the polymer additive manufacturing industry,” said Stratasys CEO Dr. Yoav Zeif. “With this acquisition, we’re not just expanding our materials portfolio for our broad array of 3D printing technologies – we’re also paving the way for more new innovations. Additionally, our growing team of in-house materials experts will be in a stronger position to collaborate with our materials ecosystem partners. Together, we’ll be able to address more applications faster, pushing the boundaries of what’s possible in additive manufacturing.”
All materials are available through Stratasys and its global partners under the Somos® and Addigy® brands, benefiting customers with greater global sales, service and support infrastructure. Stratasys will continue to fully support customers whether the materials are used with Stratasys or third-party 3D printers.
According to Hugo da Silva, previously Vice President of Covestro Additive Manufacturing and now Vice President of Strategy, M&A and Venturing at Stratasys, the acquisition advances Stratasys’ focus on complete solutions for specific use cases to grow 3D printing’s footprint further into manufacturing. “A new material can be as transformative to a market as a new 3D printer,” da Silva said. “Whether it’s flame, heat and smoke resistant materials for aerospace, new biocompatible materials for medical applications, or resilient materials with ESD properties for electric vehicles, we know that the more we bring new materials innovations to market as part of use case solutions, the more we can transform how everything is manufactured around the world.”
About Stratasys
Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world’s leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care.
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ADDITIVE MANUFACTURING, 3D PRINTING
Materialise | March 21, 2023
Sigma Additive Solutions, Inc. (NASDAQ:SASI) ("Sigma," "we," "our," or the "Company"), a leading provider of quality assurance software to the commercial 3D printing industry, today announced that it has expanded its collaboration with Materialise, a global leader in 3D printing software and service solutions, to provide additive manufacturing (AM) users automated quality control by integrating the PrintRite3D® quality assurance solution into the new software solution Materialise Process Control.
Combining multiple complementary data sources and analytic methods allows businesses to make faster, data-driven decisions, improving operational efficiency and driving revenue growth. Materialise Process Control allows manufacturers to analyze and correlate layer data from the 3D printing process. Sigma and Materialise collaborated to integrate PrintRite3D® into Process Control and to make it available in CO-AM, Materialise’s end-to-end software platform for 3D printing. Sigma’s PrintRite3D® suite provides in-process data, including thermal data from the melt pool, yielding layer data that can enable users to find the root cause of defects faster.
According to Sigma Additive Solutions Chief Executive Officer Jacob Brunsberg, “We’re thrilled to build upon Sigma’s existing collaboration with Materialise, bringing a holistic quality offering to the additive industry and displaying it for the first time at AMUG 2023. Incorporating automated holistic quality offerings on the CO-AM platform will place vital data in the hands of owners and operators, allowing them to make informed decisions regarding the reliability and safety of components they produce.”
Bart Van der Schueren, CTO of Materialise, added, “Materialise Process Control uses artificial intelligence to automate quality control, helping our customers save significant time and money. Through collaborations with partners like Sigma Additive Solutions, AM users benefit from a technology-agnostic innovation that offers unparalleled insights into their 3D printing process. With this data, our customers can continuously learn how to improve it.”
Collaborating with Materialise, Sigma is committed to helping businesses succeed by providing innovative technology solutions that improve operational efficiency, drive revenue growth, and enhance customer satisfaction. Sigma Additive Solutions and Materialise are hosting a joint presentation at AMUG 2023, Room 5C, 5th Floor, Hilton Chicago Hotel at 10:30 am CT on March 21st as well as displaying our integration at Materialise’s booth, P21, Salon D at AMUG 2023 from March 19-23.
About Materialise
Materialise incorporates three decades of 3D printing experience into a range of software solutions and 3D printing services, which together form the backbone of the 3D printing industry. Materialise’s open and flexible solutions enable players in a wide variety of industries, including healthcare, automotive, aerospace, art and design, and consumer goods, to build innovative 3D printing applications that aim to make the world a better and healthier place. Headquartered in Belgium, with branches worldwide, Materialise combines the largest group of software developers in the industry with one of the largest 3D printing facilities in the world.
About Sigma Additive Solutions
Sigma Additive Solutions, Inc. is a leading provider of in-process quality assurance (IPQA™) solutions to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring and analytics known as PrintRite3D® for 3D metal and polymer advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing process, enabling significant cost-savings and production efficiencies by reducing waste, increasing yield, and shortening cycle times. Sigma believes its software solutions will be a major catalyst for the acceleration and adoption of industrial 3D printing.
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MANUFACTURING TECHNOLOGY
Businesswire | April 26, 2023
MCA Connect, LLC, an award-winning Microsoft Manufacturing and Supply Chain Partner, announced today its acquisition of Pervicta, LLC, a Dallas, Texas based data consultancy specializing in Data Strategy and AI/Machine Learning.
Pervicta employs a seasoned team of data experts with deep expertise in building IP and providing consulting services to help companies turn their data into a strategic asset. “Now more than ever, data is at the heart of every customer conversation. The manufacturing industry has seen significant change over the past few years,” said Claude Watson, MCA Connect CEO. “Welcoming Pervicta to our team means we can reach more customers and bring increased AI/Machine Learning capabilities to help solve increasingly complex manufacturing challenges.”
“Joining forces with MCA Connect enables us to expand our reach and bring advanced data capabilities to manufacturing companies seeking to optimize operations and improve business outcomes,” said James Roberts, CEO of Pervicta.
The acquisition of Pervicta is a significant step in MCA Connect’s commitment to modern manufacturing, the Microsoft Cloud, and manufacturing excellence. The launch of the modern analytics platform MCA Connect Inspire Platform™, coupled with the acquisition of Pervicta enhances the breadth of manufacturing intelligence capabilities MCA Connect brings to its customers. MCA Connect’s best-in-class data and AI services coupled with industry IP such as Inspire Platform™ help customers become more agile, efficient, and profitable.
Lori Borg, MCA Connect Chief Growth Officer and SVP, Manufacturing Intelligence, said, “Combining the strength of our existing Manufacturing Intelligence sales and delivery teams with the Pervicta team allows us to serve our customers more holistically, continue our growth trajectory, and be in lockstep with Microsoft as their go-to Business Applications and Azure partner for all things manufacturing.”
Ryan Smiley, RLH Managing Director and MCA Connect Board Member, said, “This acquisition demonstrates our commitment to expanding the reach and capabilities of MCA Connect, enhancing their ability to serve US-based and global customers with world-class expertise. We believe the data strategy and advanced analytics capabilities Pervicta brings will further accelerate MCA Connect’s existing growth model.”
About MCA Connect
MCA Connect is a global systems integrator and ISV with specialization in modern manufacturing, the Microsoft Cloud, and manufacturing excellence. A Microsoft Azure and Business Applications Solutions Partner, MCA Connect delivers innovative technology solutions and services that help manufacturing companies improve business outcomes using world-class processes built on the Microsoft Cloud.
About Inspire Platform™
MCA Connect’s Inspire Platform™ is a modern analytics platform providing self-service business intelligence while enabling advanced machine learning and AI to give customers a competitive advantage in Industry 4.0 and intelligent manufacturing. This subscription-based IP delivers end-to-end visibility and real-time curated manufacturing / supply chain intelligence across organizational boundaries to improve inventory turns, fill rate, customer satisfaction, profitability, and sustainability.
About Pervicta
Pervicta is a specialized Data Consultancy offering decades of experience in Data Strategy, Data Modeling, Reporting, and Advanced Analytics. Founded on the belief that data can be an organization’s greatest asset when leveraged properly, Pervicta employs a proven process for business alignment, technical validation, and statistical modeling that leads to fine-tuned models and enhanced performance to create real business value.
About RLH
RLH Equity Partners is a private equity firm focused on investing in and growing distinctive services businesses into market leaders by strengthening their infrastructure and investing in new initiatives. RLH Investors completed a majority investment in MCA Connect in June 2020.
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