Stratasys Scraps Markforged Deal

15 November, 2026

Stratasys and Nano Dimension called off the $42.5 million deal over regulatory hurdles. Just last week, Nano Dimension expected it to close by year-end

 

Pictured above: Markforged’s FX10 industrial 3D printer.

Stratasys and Nano Dimension have agreed to call off Stratasys’s $42.5 million acquisition of industrial 3D printer maker Markforged. The companies signed the deal in May 2026 and agreed to terminate it on Wednesday, November 11. Nano Dimension disclosed the decision Thursday in a filing with the U.S. Securities and Exchange Commission, and Stratasys addressed it on its quarterly earnings call.

According to the filing, the companies concluded that securing the regulatory approvals needed to close the deal would take longer and cost more than they had initially expected. They did not identify the approvals holding up the transaction. As recently as November 5, Nano Dimension had told investors the sale was still progressing and that it expected the deal to close in the fourth quarter.

“Both sides concluded that at this point it was better to call off the deal,” Stratasys CEO Yoav Zeif said on the earnings call. He said Stratasys had wanted the deal because Markforged’s technology would complement its existing portfolio. Zeif said the company’s strategy and position in fused deposition modeling (FDM) were unchanged, and that other technologies could give Stratasys similar capabilities. CFO Eitan Zamir said the cancellation would have no financial impact on Stratasys.

Markforged specializes in industrial 3D printers that produce parts from composite materials, including polymers reinforced with continuous carbon fibers. Stratasys had planned to use the acquisition to broaden its aerospace and defense offerings, strengthen its distribution network and increase sales to industrial customers.

The cancellation is the latest twist in a turbulent stretch of dealmaking in the 3D printing industry. In 2023, Nano Dimension made an unsuccessful hostile bid for Stratasys. Around the same time, Stratasys pursued a merger with Desktop Metal, which its shareholders voted down.

In April 2025, Nano Dimension acquired Desktop Metal for about $180 million and Markforged for about $116 million as part of a push to build a larger industrial 3D printing group. The strategy quickly ran into trouble. Desktop Metal entered bankruptcy proceedings a few months later, and Nano Dimension began cutting costs and selling assets.

In May, Nano Dimension agreed to sell Markforged to Stratasys for $42.5 million, well below what it had paid for the company. The proposed sale covered a narrower set of assets, with Nano Dimension set to retain the metal binder jetting product line. Nano Dimension estimated the sale would reduce its annual cash burn by about $15 million.

Markforged remains part of Nano Dimension. It accounted for $18.6 million of Nano Dimension’s $31.9 million in third-quarter revenue, according to the company’s latest results. Nano Dimension has yet to say what it plans to do with the business now that the sale has fallen through.

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