PALO ALTO, CA--(Marketwired - Jul 3, 2013) - Cooley LLP announced today that it acted as US counsel, along with Israeli counsel, Meitar, to Stratasys Ltd. on its $403 million acquisition of MakerBot. Stratasys manufactures 3D printers and materials that create prototypes and manufactured goods directly from 3D CAD (Computer Aided Design) files or other 3D content. MakerBot, the leader in the desktop 3D printing industry, will operate as a separate subsidiary of Stratasys, maintaining its own identity, products and go-to-market strategy. Subject to customary approvals, the merger is expected to be completed during the third quarter of 2013.
The Cooley corporate team was led by partner Tim Moore and included partner Craig Menden and associate Josh Rottner. Critical support on the transaction was provided by partners Howard Morse (Antitrust) and Mark Hrenya (International Tax) and Senior Counsel Buff Miller (Tax). The Meitar team was led by partners David Chertok and David Glatt.
Cooley has extensive experience advising companies in the burgeoning field of 3D printing. Corporate, IP, litigation and other attorneys across the firm have been working with some of the leading developers within this game-changing sector.
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