Nano Dimension Acquires Desktop Metal Amid Strong Q2 Performance

The 3D printing company reports an 11% sequential revenue increase and reveals plans for a strategic $183 million acquisition.

Nano Dimension's stock surged 16.7% following the announcement of preliminary Q2 results and the acquisition news.
The company reported unaudited Q2 revenue of $14.8 million, marking an 11% increase from the previous quarter.
Nano Dimension will acquire Desktop Metal in an all-cash deal valued between $135 million and $183 million.
The acquisition terms offer flexibility, allowing for price adjustments based on closing costs and timing.
Desktop Metal's stock saw a 19% increase after the acquisition announcement.