Materialise Exercises Option to Acquire Link3D

Materialise (NASDAQ:MTLS), a global leader in 3D printing solutions, has agreed to exercise its option to acquire Link3D Inc., an additive workflow and digital manufacturing software company that supports customers in major manufacturing industries to scale and integrate their AM operations across complex supply chains and IT environments. The transaction, which is subject to conditions that are typical for this type of transaction, is expected to close by the end of the year. Materialise will acquire 100% of the Link3D equity interests for US$ 33.50 million.

Building on the success of its existing additive manufacturing (AM) software suite, Materialise has outlined an ambitious cloud-based platform strategy. The Materialise software platform will offer companies cloud-based access to a continuously growing set of digital tools, enabling users to personalize and manage their 3D printing processes and streamline their workflows. The acquisition of Link3D will strengthen and accelerate the creation of the Materialise software platform, particularly for companies that are scaling up their additive manufacturing operations to volume production.

“Materialise continues to lead the way in advancing the AM industry and this acquisition strengthens our position in the high-growth manufacturing market”, says Fried Vancraen, CEO of Materialise. “As companies accelerate the adoption of additive manufacturing into increasingly digital production environments, they require a strong and unified AM software platform. Today’s announcement creates a merger of forces that serves as the foundation for such a scalable and sustainable platform.”

By integrating Link3D’s additive MES (Manufacturing Execution System) solution with the Materialise Magics software suite into a unified, cloud-based software platform, manufacturers will be able to run and continuously improve the most efficient, repeatable, automated and controlled processes to mass-produce identical or customized products. This process extends beyond the actual 3D printing operations and creates a closer alignment between 3D printing and conventional manufacturing, signaling the removal of the wall between both production environments.