MakerBot acquired by larger rival 3D printing firm for $403 Million in stock-for-stock deal

Makerbot Replicator 2 3D printer. Image:

Bre Pettis' Brooklyn-based privately-held 3D printing firm Makerbot will be acquired by publicly-traded Stratasys Ltd. in a stock-for-stock deal valued at $403 million. Here's the Stratasys press release announcing the deal earlier today.