Interfacial Solutions Announces Asset Purchase Agreement with Stratasys Ltd.
April 4th, 2014
Interfacial Solutions, the leading provider of idea-to-production contract R&D services to the plastics industry, is pleased to announce that they have entered into a definitive asset purchase agreement with Stratasys Ltd. (NASDAQ: SSYS) a leading global provider of additive manufacturing solutions.
Dr. Jeffrey Cernohous, Interfacial Solutions Founder, Chairman and CTO notes; “I am excited that Interfacial Solutions will becoming a part of Stratasys. We have worked with Stratasys in the past and know that our materials and process expertise will be an excellent addition to their leading capabilities in additive manufacturing. Building Interfacial Solutions over the past ten years has been a very exciting and rewarding endeavor and it would never have happened without our great team and the customer relationships we have developed.”
Further information about this announcement can be found below: http://investors.stratasys.com/releasedetail.cfm?ReleaseID=838064.
About Interfacial Solutions LLC: Interfacial Solutions is a privately held contract research and development technology company with a proven track record of helping innovators innovate in the material science field. Located in a 42,000 square foot facility near River Falls, Wisconsin, Interfacial Solutions has a creative team of scientists possessing more than 50 issued patents and is equipped with state-of-the-art polymer testing equipment, compound and processing equipment, and production capabilities to meet a broad range of plastic industry challenges. Additional information can be found at http://www.interfacialsolutions.com.
Stratasys Ltd. (Nasdaq: SSYS), headquartered in Minneapolis, Minn. and Rehovot, Israel, manufactures 3D printers and materials for prototyping and production. The company’s patented FDM® and PolyJetTM 3D Printing technologies produce prototypes and manufactured goods directly from 3D CAD files or other 3D content. Systems include 3D printers for idea development, prototyping and direct digital manufacturing. Stratasys subsidiaries include MakerBot and Solidscape, and the company operates the RedEye digital-manufacturing service. Stratasys has more than 1800 employees, holds over 550 granted or pending additive manufacturing patents globally, and has received more than 20 awards for its technology and leadership. Online at: www.stratasys.com or http://blog.stratasys.com