Objet and Stratasys complete merger

Stratasys and Objet have completed their merger, a move which they claim will form a leader in 3D printing and direct digital manufacturing.

The combined company, which will retain the name Stratasys, is expected to have a combined value of £3billion. David Reis, former chief executive officer of Objet, has assumed the role of ceo. David Reis, chief executive officer of Stratasys, said: "We are excited to move forward as one company and deliver the benefits this combination creates for our shareholders, our customers and our employees. "Stratasys is now positioned to offer a comprehensive portfolio of innovative products and technologies, and we have the scale, team and financial strength to achieve our goals."