In this bonus episode, Alex and Danny interview Ric Fulop, co-founder and CEO of Desktop Metal. Desktop Metal has recently concluded merger talks with Stratasys after a shareholder vote led to a termination of the deal. In this interview, Ric dives into his motivations for the merger, and shares much of the background context on Desktop Metal’s history with Stratasys, plus other players such as Nano Dimension and 3D Systems. Additionally, Alex and Danny dive into some of the history around Desktop Metal, Ric’s move from VC back into the entrepreneurial world, his thesis for forming Desktop Metal, motivations for the SPAC, and the acquisition strategy thereafter.
0.00: Intros
3.56: Ric’s background and DM’s history
11.20: Development and launch of DMs Production System
15.45: Ric’s move from VC to Founder
17.50: DMs fundraising prior to their SPAC
22.05: The reasons DM listed via a SPAC
26.45: DM’s acquisition strategy and early talks with ExOne
28.07: DMs initial offer to acquire Stratasys in January 2021
31.26: DM’s acquisition of EnvisionTEC and Adaptive3D
34.39: Nano Dimension’s offers to acquire Desktop Metal
38.25: 3D Systems offers put to Stratasys
39.14: Termination of merger with Desktop Metal and Stratasys
40.55: Did Stratasys shareholders make the wrong decision?
45.17: Latest DM financials and cost savings
48.35: Integration strategy of DM of the acquired companies
51.55: What will Nano Dimension, 3D Systems and Stratasys do next?
54.32: Potential for another Desktop Metal merger in future?
55.50: Any future Desktop Metal acquisitions?
57.55: Wrap-up
Podcast (printing-money): Play in new window | Download
Subscribe: Apple Podcasts | Spotify | RSS
Subscribe to Our Email Newsletter
Stay up-to-date on all the latest news from the 3D printing industry and receive information and offers from third party vendors.
You May Also Like
Further Understanding of 3D Printing Design at ADDITIV Design World
ADDITIV is back once again! This time, the virtual platform for additive manufacturing will be holding the first-ever edition of ADDITIV Design World on May 23rd from 9:00 AM –...
3D Printer Maker EVO-tech Reborn as NEVO3D — Once More With Feeling
EVO-tech was a 3D printing service and original equipment manufacturer established in 2013 and based in Schörfling am Attersee, Austria. The company produced high-quality material extrusion systems featuring linear bearings,...
3D Systems Brings 3D Printed PEEK Cranial Implant to the U.S. with FDA Clearance
For more than 10 years, 3D Systems (NYSE:DDD) has worked hand-in-hand with surgeons to plan over 150,000 patient-specific cases, and develop more than two million instruments and implants from its...
CDFAM Returns to Berlin for Second Annual Symposium
The second CDFAM Computational Design Symposium is scheduled for May 7-8, 2024, in Berlin, and will convene leading experts in computational design across all scales. Building upon the first event...