Nexa3D acquires Danish company
Nexa3D, a Ventura-based ultrafast polymer 3D printing company, announced on April 4 that it has acquired Addifab, the originator of Freeform Injection Molding, a proprietary and patented digital tooling process that couples the design freedom of 3D printing with the mechanical performance of injection molding using thousands of tried-and-true engineering materials.
The terms of the deal were not disclosed, but the acquisition follows a successful year of joint go-to-market collaboration between the two companies in both North America and Europe, the company said in a press release.
The combined company brings the best of Nexa3D’s ultrafast 3D printers with Addifab’s high-impact, high-temperature soluble resins to print complex tools that are compatible with any injection molding feedstock, thereby delivering complex tooling at a fraction of the cost and time of other 3D printers or conventional tooling processes.
Based in Copenhagen, Denmark, Addifab developed, patented, and successfully brought to market a proprietary end-to-end digital tooling solution that includes a CAD-to-Tool software generator, dissolvable tooling resins, 3D printing and production injection molding process.
“We are very excited to welcome the entire Addifab team to the growing Nexa3D family of people, products and partners democratizing access to dissolvable tooling for same-day complex molded parts using the entire range of industrially proven plastics,” Avi Reichental, CEO of Nexa3D, said in a press release.