3D Systems acquires Oqton, Inc.

3D Systems acquired Oqton, Inc. for $188.168 million ($107.471M cash + ~$80.697M stock), a transaction completed in November 2021, structured as Stock/asset acquisition, cash and stock.

Oqton, Inc. operates in Industrial / Software, is based in Belgium (Ghent) / United States (San Francisco). Software company that creates an intelligent, cloud-based Manufacturing Operating System (MOS) platform tailored for flexible production environments using a range of advanced manufacturing and automation technologies, including additive manufacturing.

Expand the existing additive manufacturing software suite to the entire additive industry and automate digital manufacturing workflows.

Reported in the Industrial segment.

Customers across our industrial and healthcare segments are accelerating the adoption of additive manufacturing into production environments. They have increasingly identified the need for a manufacturing software platform that can easily and intelligently incorporate not only the printers themselves but all digital production systems and key enterprise software.Dr. Jeffrey Graves, President and CEO, 3D Systems

Advisory firms were not disclosed for this transaction.

You're subscribed.

Thanks for signing up.