Telling your story is one thing, acting on your story is another. - Hugo da Silva on Stratasys acquisition of Covestro AM
Summary
Eight months after the deal was announced and much longer since the two companies first engaged, Stratasys completed the acquisition of Covestro Additive Manufacturing (AM) last week. And we had several products in our pipeline for P3 platform, for SLA, also for powder, and I guess now, we can, as one company, bring these to market much faster than it was before. TCT: Can you provide some insight into what R&D capability Covestro AM had prior to the acquisition, and how things will look now with the company integrated into Stratasys? TCT: Finally, Hugo, one of the interesting aspects of the transaction being completed was your new role as Vice President of Strategy, M&A and Venturing. Because obviously, when you are changing your strategy, adding new use cases, or working with different partnerships, or venturing or M&A, you need to prepare your company to be able to address those challenges.
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