Objet Geometries is one of the brands of

Stratasys Stratasys, Ltd. is an American-Israeli manufacturer of 3D printers, software, and materials for polymer additive manufacturing as well as 3D-printed parts on-demand. The company is incorporated in Israel. Engineers use Stratasys systems to model c ...

, a 3D printer developing company. The brand began with Objet Geometries Ltd, a corporation engaged in the design, development, and manufacture of

photopolymer A photopolymer or light-activated resin is a polymer that changes its properties when exposed to light, often in the ultraviolet or visible region of the electromagnetic spectrum. These changes are often manifested structurally, for example hardeni ...

3D printing systems. The company, incorporated in 1998, was based in

Rehovot Rehovot ( he, רְחוֹבוֹת ''Rəḥōvōt'', ar, رحوڤوت ''Reḥūfūt'') is a city in the Central District of Israel, about south of Tel Aviv. In it had a population of . Etymology Israel Belkind, founder of the Bilu movement, ...

Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

. In 2011 the company merged with Stratasys. It held patents on a number of associated printing materials that are used in ''PolyJet'' and ''PolyJet Matrix'' polymer jetting technologies. It distributed 3D printers worldwide through wholly owned subsidiaries in the United States (Objet Geometries Inc), Europe (Objet Geometries GmbH), and Hong Kong. Objet Geometries owned more than 50 patents and patent-pending inventions.

History

Objet was founded in 1998 by Rami Bonen, Gershon Miller and Hanan Gothait. In September 2000 it announced the completion of a second private placement, securing it $15 million at a post-money company valuation of $36 million. Participants in this round were the Templeton Foreign Fund, private investors from Europe and the United States and

Scitex Corporation Suny Cellular Communication was known as Scitex Corporation Ltd. until December 2005 and Scailex Corporation Ltd. () until November 2016. History Scitex was an Israel-based multi-national company, founded by Efraim (Efi) Arazi in 1968, and w ...

, which acquired an initial 18.7% stake in the company, which was subsequently increased. In June 2005, Scitex sold all its interest, then standing at 22.9%, to the other shareholders of Objet for $3.0 million in cash.

Merger with Stratasys

On April 16, 2012, Objet announced that it agreed to merge with

, a leading manufacturer of

3D printer 3D printing or additive manufacturing is the Manufacturing, construction of a three-dimensional object from a computer-aided design, CAD model or a digital 3D modeling, 3D model. It can be done in a variety of processes in which material is ...

s; in an all-stock transaction. Stratasys shareholders were expected to own 55 percent and Objet shareholders were expected to own 45 percent of the combined company. The

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

was completed on December 3, 2012. The

market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by t ...

of the new company was approximately $3.0 billion.

Technology

The Polyjet Matrix 3D printing technology uses simultaneous jetting of multiple types of modeling materials to create a single piece 3D model. PolyJet is used by automotive, electronics, consumer goods, medical development, and clothing manufacturers, as well as for creating 3D models for use in movies such as

Coraline ''Coraline'' () is a dark fantasy horror children's novella by British author Neil Gaiman. Gaiman started writing ''Coraline'' in 1990, and it was published in 2002 by Bloomsbury and HarperCollins. It was awarded the 2003 Hugo Award for Best ...

. The Eden line of 3D Printing Systems and the Alaris30 3D desktop printer are based on the PolyJet technology. The Connex family of 3D printers are based on PolyJet Matrix technology, which jets multiple model materials simultaneously and creates composite Digital Materials on the fly. All Objet systems use FullCure polymers.

Partnerships

Objet Geometries has partnered with

SolidWorks SolidWorks is a solid modeling computer-aided design (CAD) and computer-aided engineering (CAE) application published by Dassault Systèmes. According to the publisher, over two million engineers and designers at more than 165,000 companies we ...

to interface their computer-aided design software with Objet’s Connex500 system. The co-developed software add-in allows significantly more control over end to end modelling preferences.

Notes

References

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External links

* {{Official website, http://www.objet.com/
Independent review of the Polyjet Matrix Technology

List of Patent by Objet at Google Patents
3D printer companies Computer-aided design software Electronics companies of Israel 1998 establishments in Israel Companies established in 1998