Submitted 5 days ago by HootinNHollerin@lemmy.dbzer0.com to 3dprinting@lemmy.world
https://lemmy.dbzer0.com/pictrs/image/dc2e3918-dd23-4a9b-9db7-8e72e24ff2da.webp
It was funny watching them desperately try to swoop and acquire markforged and desktop metal before stratasys could finish the deal. Nano dimension was already struggling at that point and was pretty obviously (imo) not well-positioned to make any acquisitions but I guess they thought one of these companies would be a lifeline back to profitability. So much for that lol.
Edit: fixed a typo
Revenue is one of the least useful metrics for judging something like this.
Yeah, in some industries (eg. retail) 1 year of revenue can represent 50 to 100 years of profit.
Aren’t they losing a ton of money, though?
Enough for Nano Dimensions to sell them for 42 million to stratasys even though they paid 116 million for it just last year.
esc@piefed.social 5 days ago
Why in passive? Weren’t they actively participating in acquisition?