Desktop Metal acquires ExOne

The acquisition extends Desktop Metal’s product platforms with complementary solutions to create an additive manufacturing portfolio that offers high throughput, flexibility, and materials breadth.

Desktop Metal (Burlington, MA) has successfully completed its acquisition of The ExOne Company (ExOne; North Huntingdon, PA) following approval by a majority of ExOne’s shareholders. 

The acquisition extends Desktop Metal’s product platforms with complementary solutions to create an additive manufacturing portfolio that offers high throughput, flexibility, and materials breadth, providing customers with a variety of options to address their specific application. Desktop Metal is committed to supporting ExOne’s existing customers around the world, as well as leveraging its global distribution network alongside ExOne’s direct sales force to provide businesses of all sizes with broader access to its AM 2.0 solutions and expanding materials library.

“This acquisition…… creates an unmatched portfolio that strengthens Desktop Metal’s ability to accelerate the adoption of AM 2.0,” said Ric Fulop, Founder and CEO of Desktop Metal. “We believe Desktop Metal is uniquely positioned to provide the widest range of end-use applications, and we are excited about the value creation opportunity for our customers, partners, shareholders, and employees."

ExOne will continue to operate as a wholly owned subsidiary of Desktop Metal and will remain headquartered in North Huntingdon, PA.

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