3D printer manufacturer Stratasys purchases MakerBot

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Stratasys Ltd., a maker of 3D printing and additive manufacturing equipment, has purchased MakerBot Industries, a manufacturer of desktop 3D printing equipment.
Stratasys, a publicly traded company based in Edina, Minn., will issue shares to MakerBot valued at $403 million. Another $201 million in compensation possible through performance goals.
MakerBot is based in Brooklyn, N.Y. The deal is scheduled to be completed in the third quarter.
Stratasys merged with Objet Ltd. in 2012.