Xaar to Invest with Stratasys in a 3D Printing Joint Effort

Xaar will invest with Stratasys in a newly formed company, Xaar 3D Limited, to develop 3D printing solutions based on high-speed sintering technologies. Xaar 3D will leverage the natural synergies between Xaar and Stratasys, specifically Xaar’s technology relating to high-speed sintering and industrial piezo inkjet printheads, along with the commercial and market expertise of Stratasys.
Xaar will hold 85% of Xaar 3D Ltd shares with Stratasys holding 15%. In addition, Stratasys has been granted an option to increase its ownership in Xaar 3D Ltd to a total of 30%. Xaar 3D Ltd will hold all of Xaar’s High-Speed Sintering assets. The new company’’s Board will be chaired by Xaar CEO Doug Edwards.