Align Technology completes €79m acquisition of Cubicure
Summary
Align Technology has completed the 79 million EUR acquisition of Austrian polymer 3D printing company Cubicure. Align Technology has moved to acquire Cubicure as it looks to ‘support and scale’ its ‘strategic innovation roadmap’. The company also suggests that Cubicure’s patented Hot Lithography technology ‘facilitates the unprecedented’ additive manufacturing of resilient components with ‘an astonishing first of its kind material quality performance.’ Align Technology CEO and President Joe Hogan goes on to say: “The acquisition of Cubicure brings a talented team and unique cutting-edge technology into Align and will enable us to scale our 3D printing operations to eventually direct print millions of custom appliances per day. I am excited to take this important step in our relationship with Cubicure, which began several years ago as a joint development program.” “Align has invested billions of dollars on innovation over the past 27 years, including next-generation 3D printing technologies to process high-performance polymers,” added Srini Kaza, Align Senior Vice President, Poduct Research & Development. “We’ve been working with Cubicure for years and I am thrilled that they are now officially employees of Align and members of our R&D organisation.
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