Stratasys to buy River Falls-based Interfacial Solutions

Special to The Freeman

April 4, 2014

RIVER FALLS – Stratasys Ltd., a manufacturer of 3-D printing systems, has agreed to buy River Falls-based Interfacial Solutions LLC, a contract research and development company.

The transaction is expected to close in the second quarter of 2014, subject to customary closing conditions, according to Eden Prairie, Minn.-based Stratasys.

Financial terms of the transaction were not disclosed.

Interfacial Solutions has been a production partner to Stratasys for its fused deposit modeling product lines over the past three years, the companies said.

"Interfacial Solutions provides significant expertise in plastics and filament," said David Reis, CEO of Stratasys. "We believe its knowledgeable team and experience will accelerate Stratasys' materials development efforts for all of our FDM platforms, including MakerBot.”

“The acquisition is expected to accomplish three objectives for Stratasys, which include strengthening our materials R&D skills and bandwidth; enabling us to become vertically integrated in material development and manufacturing; and increasing materials production space and capacity. Overall, we expect to accelerate new materials development, allowing us to introduce new products to the market faster,” Reis added.

Interfacial Solutions operates in a 42,000-square-foot facility, according to the statement.

www.stratasys.com