Vision Miner Acquires AddWise in a $14M Deal

Vision Miner Acquires AddWise in a $14M Deal” details the landmark acquisition of AddWise by Vision Miner, a prominent player in the industrial 3D printing solutions sector. With this acquisition, Vision Miner aims to bolster its manufacturing capabilities and expand its global market presence. Founded in 2017, Vision Miner has rapidly grown, evidenced by impressive revenue surges and strong financial health. The integration of AddWise’s advanced manufacturing capabilities positions Vision Miner to deliver even more innovative and reliable solutions, cementing its influence in industries such as aerospace, medical, and defense. This strategic move highlights the ongoing consolidations in the 3D printing sector, alongside notable acquisitions by other industry leaders like Nikon and Nexa3D. Have you heard the latest buzz in the 3D printing industry? Vision Miner has just made a significant move by acquiring AddWise in a $14 million deal. This acquisition is poised to shake things up in the world of additive manufacturing. Whether you’re a seasoned professional or just curious about 3D printing, this news is worth diving into. So, let’s unfold the details of this acquisition and what it means for the future of 3D printing.

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Vision Miner Acquires AddWise

Vision Miner, a leader in industrial 3D printing solutions, has acquired AddWise for a striking $14 million. This strategic acquisition has far-reaching implications, especially for Vision Miner’s manufacturing capabilities and global reach.

Background of Vision Miner

Established in 2017, Vision Miner has been a trailblazer in the additive manufacturing industry. They’ve seen impressive growth, including a recent 120% spike in revenue. Their technical prowess and innovative solutions have earned them a sterling reputation, trusted by industry giants like NASA, SpaceX, and the U.S. Air Force.

Notable Achievements

• Revenue Growth: Increased by 120% recently.
• Industry Recognition: Won 3D Printing Industry’s Company of the Year in 2022.
• Prominent Collaborations: Trusted by NASA, Northrop Grumman, Lockheed Martin, SpaceX, Tesla, the U.S. Air Force, and the U.S. Army.

About AddWise

AddWise is known for its advanced manufacturing capabilities. Their technology complements Vision Miner’s existing solutions, making this acquisition a perfect match.

Contribution to Industry

AddWise has significantly impacted the industry, particularly in high-performance materials and precision. Their capabilities include:

• Innovative solutions for complex 3D printing needs.
• Advanced materials engineering.
• Cutting-edge manufacturing technologies.

Synergies Between Vision Miner and AddWise

Combining resources and expertise from Vision Miner and AddWise aims to enhance their ability to deliver top-notch industrial 3D printing solutions. This synergy is expected to open new avenues for innovation and market expansion.

Strategic Benefits

• Enhanced Manufacturing: Bolstering internal capabilities.
• Global Footprint: Expanding global reach.
• Innovative Solutions: Integrating advanced technologies from AddWise.

Vision Miner’s Impact on Additive Manufacturing

Vision Miner has already made significant strides in the field of additive manufacturing. Their products and solutions are now set to reach new heights with the addition of AddWise’s capabilities.

Innovative Products

Vision Miner is known for groundbreaking products that have reshaped industry standards. Some of their flagship products include:

• Nano Polymer Bed Adhesive: A patent-pending solution that enhances printing quality.
• 22 IDEX 3D Printer: A printer designed for high-performance materials, combining precision, speed, and affordability.

Industry Partnerships

Vision Miner has forged strategic alliances with some of the most influential companies in the tech world. For instance, they’re the Diamond Distributor for Shining 3D in the US market.

Major Collaborations

• NASA: Developed solutions for spacewalk suits.
• Shining 3D: Held the title of Diamond Distributor.

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Consolidations in the 3D Printing Sector

Vision Miner’s acquisition of AddWise isn’t the only major consolidation in the 3D printing industry. Over the past years, we’ve seen several acquisitions that have reshaped the landscape.

BigRep and HAGE3D

In a move to enhance global presence, BigRep acquired HAGE3D. This acquisition aimed to combine an impressive installed base of over 1,000 printers.

Key Features

• Large-Format Printers: Capable of handling diverse materials.
• Industrial Focus: Enhancing production capabilities.

Nikon and SLM Solutions

Another notable acquisition is Nikon’s purchase of SLM Solutions for €622M. This move underscored Nikon’s investment in the metal 3D printing sector.

Strategic Impact

• Metal Additive Manufacturing: Expanding Nikon’s footprint.
• Enhanced Capabilities: Growing digital manufacturing business.

Nexa3D and XYZ Printing’s SLS Business

Nexa3D acquired XYZ Printing’s SLS business to strengthen its product lineup and technological expertise.

Strategic Advantages

• Technology Access: Gained access to advanced SLS technology.
• Market Expansion: Enhanced distribution channels and service capabilities.

Vision Miner’s Road Ahead

With the acquisition of AddWise, Vision Miner is gearing up for rapid growth and innovation. They are financially robust and debt-free, setting them up for exponential expansion.

Plans for the Future

Vision Miner projects a tenfold growth in the near term, aiming to revolutionize the 3D printing landscape further. Their focus remains on delivering innovative and reliable solutions to their global customer base.

Key Growth Areas

• Rapid Expansion: Projecting significant growth.
• Innovation Focus: Continuing to develop cutting-edge solutions.

Conclusion

The acquisition of AddWise by Vision Miner is a landmark event in the 3D printing industry. This union promises to enhance manufacturing capabilities, push the boundaries of innovation, and expand the global market presence of Vision Miner. As the additive manufacturing landscape evolves, Vision Miner is set to be at the forefront, leading the charge with groundbreaking solutions and strategic collaborations.

Are you excited about the future of 3D printing? Stay tuned, and keep an eye on Vision Miner as they revolutionize the industry with their innovative approach and strategic acquisitions. If you want to stay updated with the latest happenings, don’t forget to subscribe to relevant industry newsletters and follow tech news platforms. The 3D printing future looks brighter than ever!

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