DM

3D Systems Submits Binding Offer to Stratasys

Retrieved on: 
Wednesday, September 13, 2023
LLP, Metal, DM, 8-K, Herzog, Fox & Ne'eman, 3D, EGM, Desktop Metal, Goldman Sachs, ROCK, NO, Acquisition, 3D Systems, Growth, NYSE, 3D printing, Management, Stratasys

3D Systems urges Stratasys shareholders to VOTE NO on the value-destructive Desktop Metal transaction at the September 28, 2023 Extraordinary General Meeting of Shareholders (“EGM”).

Key Points: 
  • 3D Systems urges Stratasys shareholders to VOTE NO on the value-destructive Desktop Metal transaction at the September 28, 2023 Extraordinary General Meeting of Shareholders (“EGM”).
  • A vote against the Desktop Metal transaction will send a clear message to the Stratasys Board of Directors to accept 3D Systems’ offer.
  • 3D Systems’ binding offer will expire on October 5, 2023, giving the Stratasys Board five business days following the conclusion of Stratasys’ EGM to accept 3D Systems’ superior offer and secure certain value.
  • While near-term share prices for all companies in the sector have been pressured, the long-term trajectories of Stratasys and 3D Systems remain fundamentally unchanged in the past two months, raising serious questions to the credibility of Stratasys’ evaluation of the 3D Systems proposal.

Muscular Dystrophy Association Announces Research Grants Totaling $8.4 Million

Retrieved on: 
Wednesday, September 13, 2023
Muscular dystrophy, Mir-126, Muscular Dystrophy Association, SMA, SMN, University, Duchenne muscular dystrophy, EDMD, DM, Grant, Doctor of Philosophy, Barrier, DM1, University of Zurich, Johns Hopkins School of Medicine, Columbia University Irving Medical Center, Tel Aviv University, Emery–Dreifuss muscular dystrophy, University of Iowa, Prognosis, Research, Mentorship, Charcot–Marie–Tooth disease, RNA, CMT, Duchenne, Facial muscles, Glycogen storage disease type II, Student, University of Rochester, Neuromuscular disease, DMD, Patient, Regents of the University of Michigan, Diagnosis, Growth, Regent, B cell, Health, MDA, FDA, Mobile app, ALS, Myotonic dystrophy, LGMD, Disease, Pharmaceutical industry, Medical device, Nursing, Exercise

New York, Sept. 13, 2023 (GLOBE NEWSWIRE) -- The Muscular Dystrophy Association (MDA) announced today the awarding of 37 new grants with a total funding commitment of $8.4 million toward neuromuscular disease research.

Key Points: 
  • New York, Sept. 13, 2023 (GLOBE NEWSWIRE) -- The Muscular Dystrophy Association (MDA) announced today the awarding of 37 new grants with a total funding commitment of $8.4 million toward neuromuscular disease research.
  • The newly funded projects aim to advance research discoveries and new therapy development in multiple areas including amyotrophic lateral sclerosis (ALS), Charcot-Marie-Tooth disease (CMT), Duchenne muscular dystrophy (DMD), Emery-Dreifuss muscular dystrophy (EDMD), limb-girdle muscular dystrophy (LGMD), spinal muscular atrophy (SMA), myotonic dystrophy (DM), and many more.
  • “The Muscular Dystrophy Association has consistently been a leader in advancing treatments for people living with muscular dystrophy, ALS and related neuromuscular diseases,” said Donald S. Wood, Ph.D., President and CEO, Muscular Dystrophy Association.
  • Internship recipients and mentors included:
    These are just a few of the many grants the Muscular Dystrophy Association has pledged to support.

Nothing New: 3D Systems Announcement Only Repeats Already Rejected Inadequate Offer

Retrieved on: 
Thursday, September 14, 2023
Engineering, Chemicals, Plastics, Other Manufacturing, Manufacturing, Desktop Metal, Wachtell, Lipton, Rosen & Katz, DM, 3D, Superior (proposed U.S. state), Mass meeting, Meeting, Acquisition, 3D Systems, NYSE, 3D printing, Security (finance), Holding company, Stratasys

The proposal referenced in 3D Systems’ press release on September 13 did not revise the terms, or change any substantial details, of the revised proposal made by 3D Systems on September 6.

Key Points: 
  • The proposal referenced in 3D Systems’ press release on September 13 did not revise the terms, or change any substantial details, of the revised proposal made by 3D Systems on September 6.
  • The merger agreement filed by 3D Systems on September 13 is in substantially the same form as it shared with the Stratasys Board on September 6, as 3D Systems itself admits.
  • The Stratasys Board’s response to 3D Systems’ September 6 revised proposal remains unchanged.
  • As previously disclosed, Stratasys communicated its concerns regarding 3D Systems’ July 13 proposal on August 22, including based on the findings of its extensive due diligence review.

Stratasys Urges Shareholders to Vote FOR the Desktop Metal Transaction

Retrieved on: 
Wednesday, September 13, 2023
Software, Other Manufacturing, Hardware, Electronic Design Automation, Engineering, Technology, Manufacturing, Other Technology, Metal, Desktop Metal, Wachtell, Lipton, Rosen & Katz, DM, Polymer, Multimedia, EBITDA, Letter, NYSE, 3D printing, Holding company, Stratasys, Dental

Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today sent a letter urging Stratasys shareholders to vote “FOR” each of the Company’s proposals related to its previously announced merger agreement with Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”), ahead of the Stratasys Extraordinary General Meeting of Shareholders (the “Stratasys EGM”).

Key Points: 
  • Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today sent a letter urging Stratasys shareholders to vote “FOR” each of the Company’s proposals related to its previously announced merger agreement with Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”), ahead of the Stratasys Extraordinary General Meeting of Shareholders (the “Stratasys EGM”).
  • The proposed merger with Desktop Metal will create an additive manufacturing (“AM”) powerhouse marked by innovation, operating efficiency and unmatched execution, delivering compelling value for Stratasys shareholders.
  • The full text of the letter follows:
    Your vote is important to ensuring Stratasys and its shareholders can realize the significant value creation opportunities of the proposed merger with Desktop Metal.
  • After extensive analysis of the metal landscape, Stratasys believes Desktop Metal has the best and most advanced technology for metal mass production.

Desktop Metal and DSB Technologies Driving Metal Binder Jetting into Production with X-Series Lineup

Retrieved on: 
Tuesday, September 12, 2023
Other Manufacturing, Technology, Steel, Engineering, Manufacturing, Software, Machinery, Machine Tools, Metalworking & Metallurgy, Electronic Design Automation, Metal, Ceramic, PM, DM, Hauck, Electronics, Aluminium, DSB, 3D, 316L, CAD, MIM, Multimedia, Desktop Metal, Zombie Movies: The Ultimate Guide, Stainless steel, Binder, Sport, NYSE, Powder metallurgy, 3D printing

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that Wisconsin-based DSB Technologies (DSB), a leader in high-quality metal part production with sinter-based technologies such as powder metallurgy (PM) and metal injection molding (MIM) has now adopted the complete X-Series metal binder jetting product lineup, including Live Sinter software, from Desktop Metal.

Key Points: 
  • Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that Wisconsin-based DSB Technologies (DSB), a leader in high-quality metal part production with sinter-based technologies such as powder metallurgy (PM) and metal injection molding (MIM) has now adopted the complete X-Series metal binder jetting product lineup, including Live Sinter software, from Desktop Metal.
  • View the full release here: https://www.businesswire.com/news/home/20230912869954/en/
    Paul Hauck, Chief Operating Officer for DSB Technologies, based in Janesville, Wisconsin, explains why the company has adopted the entire line of Desktop Metal X-Series metal binder jetting 3D printers for production of metal parts.
  • It also plans to adopt Desktop Metal binder jetting for aluminum in the future.
  • “It's helping us solve application problems, get successful outcomes, and get there faster.”
    To learn more about metal binder jetting with DSB Technologies, visit www.dsbtech.com

Stratasys Board Unanimously Concludes Revised 3D Systems Proposal Does Not Constitute a “Superior Proposal” and Terminates Discussions with 3D Systems

Retrieved on: 
Tuesday, September 12, 2023
Software, Technology, Hardware, Other Technology, Consensus, Align, NOT, Desktop Metal, Wachtell, Lipton, Rosen & Katz, DM, System, 3D, Mass meeting, DLP, Meeting, EBITDA, Acquisition, 3D Systems, Growth, NYSE, 3D printing, Television, Video game, Cryptocurrency, Security (finance), Holding company, Stratasys

After consultation with its outside financial and legal advisors, and following an extensive due diligence review of 3D Systems, the Stratasys Board unanimously determined that the revised proposal from 3D Systems continues to significantly undervalue Stratasys and does not constitute a “Superior Proposal” as defined in Stratasys’ merger agreement with Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”).

Key Points: 
  • After consultation with its outside financial and legal advisors, and following an extensive due diligence review of 3D Systems, the Stratasys Board unanimously determined that the revised proposal from 3D Systems continues to significantly undervalue Stratasys and does not constitute a “Superior Proposal” as defined in Stratasys’ merger agreement with Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”).
  • Accordingly, the Stratasys Board has terminated discussions with 3D Systems.
  • Revenue from Align Technology, Inc. (“Align”), which represents 23% of 3D Systems revenues, will be expected to create severe growth challenges for 3D Systems.
  • Therefore, the Stratasys Board, after careful review and consultation with its outside financial and legal advisors, has determined that 3D Systems’ most recent revised proposal does not constitute a “Superior Proposal,” as defined in Stratasys’ merger agreement with Desktop Metal.

Desktop Metal Announces Sale of Production System P-50 and Super Fleet of Metal Binder Jet Systems to FreeFORM Technologies

Retrieved on: 
Monday, September 11, 2023
Hardware, Machinery, Robotics, Engineering, Consumer Electronics, Technology, Manufacturing, Other Technology, Metal, Freeform, Partnership, SPJ, DM, Ryerson, 3D, Ryerson (company), Multimedia, Desktop Metal, Sale, NYSE, Welding, 3D printing

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced the sale of a Production System P-50 and a full fleet of metal binder jet systems to FreeFORM Technologies.

Key Points: 
  • Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced the sale of a Production System P-50 and a full fleet of metal binder jet systems to FreeFORM Technologies.
  • View the full release here: https://www.businesswire.com/news/home/20230911784813/en/
    FreeFORM Technologies President Nate Higgins, shown in front of a Desktop Metal X25Pro, now operates the world’s largest fleet of 25 Desktop Metal binder jet 3D printers, which transform metal powder into complex end-use parts.
  • The Pennsylvania-based FreeFORM is also slated to take delivery of a Production System P-50, the world's fastest metal binder jet system with Single Pass Jetting (SPJ) technology.
  • Desktop Metal now has hundreds of Super Fleet customers worldwide delivering final production of metal, polymer, and ceramic parts with our binder jet additive manufacturing systems.

Strategic Collaboration: OQ Chemicals Introduces Oxbalance TCD Alcohol DM Manufactured With Bio-circular DCPD From Shell Chemicals

Retrieved on: 
Thursday, September 7, 2023
Other Manufacturing, Textiles, Packaging, Engineering, Chemicals, Plastics, Automotive Manufacturing, Oil, Gas, Manufacturing, Energy, Carbon, Shell, International Sustainability Alliance, Adhesive, DCPD, Partnership, DM, Electronics, TCD, Shell Chemicals, Marketing, ISCC, Certification, Food packaging, OQ, Gasoline

This product is manufactured using the bio-circular precursor DCPD (dicyclopentadiene) from Shell Chemicals Europe, which is also ISCC Plus certified.

Key Points: 
  • This product is manufactured using the bio-circular precursor DCPD (dicyclopentadiene) from Shell Chemicals Europe, which is also ISCC Plus certified.
  • The strategic collaboration between the two companies will ensure a reliable supply of bio-circular DCPD to support OQ Chemicals’ production.
  • The bio-based Oxbalance TCD Alcohol DM serves as a sustainable and environmentally conscious alternative to its fully synthetic counterpart.
  • With Oxbalance TCD Alcohol DM, we’ve added another product to our portfolio that supports our customers on their path towards more sustainability,” said Kyle Hendrix, Executive Vice President Marketing at OQ Chemicals.

SOCIAL MEDIA SETTINGS TO ENABLE DURING THE BUSY BACK-TO-SCHOOL SEASON

Retrieved on: 
Tuesday, September 12, 2023
United Nations Foundation, High-visibility clothing, Public policy, Parent, Girl Up, Government, Bullying, DM, Student, Policy, Empowerment, Social media, Caregiver, Online shopping

Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9179451-meta-instagram-social-me...

Key Points: 
  • Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9179451-meta-instagram-social-me...
    This is the perfect time of year to set new guidelines for social media use.
  • Dayna Geldwert, Head of Global Policy Programs at Instagram, shares social media settings that parents and caregivers should consider as they transition to new family routines.
  • SOCIAL MEDIA SETTINGS TO CONSIDER DURING THE BACK-TO-SCHOOL SEASON AND BEYOND:
    Take a Break: Set time limits with 'Take a Break' on Instagram.
  • Parental Supervision Tools: Parents are able to see their teen's social media settings, be notified if a change is made to those settings, see who their teen reports or blocks and set "blocking hours."

DentalMonitoring Promotes the Use of Data to Improve Quality and Efficiency in Oral Healthcare

Retrieved on: 
Wednesday, September 6, 2023
Orthodontics, DM, Patient

AUSTIN, Texas, Sept. 6, 2023 /PRNewswire/ -- DentalMonitoring is a technology company dedicated to improving the quality and efficiency of oral healthcare.

Key Points: 
  • AUSTIN, Texas, Sept. 6, 2023 /PRNewswire/ -- DentalMonitoring is a technology company dedicated to improving the quality and efficiency of oral healthcare.
  • Through partnerships with orthodontic professionals, industry leaders, and manufacturers, DentalMonitoring is promoting the use of data to help drive continuous improvement.
  • Orthodontists use DentalMonitoring's scalable remote monitoring solution to deliver a convenient, connected patient experience while elevating clinical practices.
  • It's our responsibility to ensure data that helps drive this mission is protected and used dutifully for the betterment of all," said DentalMonitoring CEO Philippe Salah.