Stanford University has scored an exit after photosensitive polymer-based 3D printing business Origin agreed to a $100m acquisition.
Origin, a US-based parts printing technology provider backed by Stanford University, has agreed to an up to $100m acquisition by additive manufacturing firm Stratasys.
Origin’s shareholders will receive $60m in cash and Stratasys shares once the deal closes next month, plus a further $40m for performance-based milestones over the next three years.
The $100m total figure will be made up of $45m in stock and $55m in cash, and Stratasys will pay at least $32m in cash once…
