Nano Dimension CEO and Co-founder Comments on GE Take Over Bid

3DPI asked industry experts for their initial reaction to GE’s $1.4 billion tender to takeover 3D printing businesses SLM Solutions Group AG and the Arcam Group AB.
Simon Fried, CBO & Co-founder of Nano Dimension (TASE:NNDM,NASDAQ:NNDM) said “Today’s news was certainly very significant. The 3D industry has been recovering from the hype hangover. The belief that the excitement surrounding AM is justified is now confirmed. Seeing a large industrial player choosing to buy the means of production confirms it. I expected it would be the larger 3D printing companies that would continue merging and acquiring, but this is vertical integration of the means of production. In a world of innovation it’s now the case that firms win as much by their equipment’s flexibility as by their final product. This isn’t yesterday’s leaner manufacturing and just in time logistics, this is about having the best craftsmen aka the best 3D printers. I expect this pattern will repeat itself, it’s the new ‘war for talent’.
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