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"Makerbot has been acquired by Stratasys, a 3D printing business, and will merge with a subsidiary of the company, the two companies announced Wednesday afternoon. \n\u201CThe last couple of years have been incredibly inspiring and exciting for us,\u201D said Bre Pettis, CEO of Makerbot, in a statement. \u201CWe have an aggressive model for growth, and partnering with Stratasys will allow us to supercharge our mission to empower individuals to make things using a MakerBot, and allow us to bring 3D technology to more people.\"\nSEE ALSO: Makerbot Opens Large New Factory in Brooklyn\nMakerbot, a Brooklyn-based company, was founded four years ago and has sold more than 22,000 3D printers to date. Earlier this month, the Wall Street Journal reported that Makerbot was in acquisition talks after it looked to raise a $300 million round of funding.\nThe merger, which is a stock-for-stock transaction, is valued at just more than $400 million, based on Stratasys's closing stock price.\nStratasys's stock was up 1% in after hours trading following the news.\nImages by Mashable, Meghan Uno"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2013/06/19/makerbot-stratasys-merge/>