TDK Ventures has scored an exit after 3D printing technology developer Origin after Stratasys agreed to buy it in a deal that could reach $100m.
Origin, a US-based printing technology provider backed by consumer electronics producer TDK, has agreed to be acquired for up to $100m by 3D printer manufacturer Stratasys.
The company’s shareholders will receive $60m in cash and Stratasys shares once the deal closes, and up to $40m in performance-based milestones over the next three years. The total figure will be made up of $45m in stock and $55m in cash, and Stratasys will pay at least $32m in cash once the deal…
