In a recent development, Protolabs, a global technology-enabled digital manufacturing leader, has signed an agreement to acquire 3D Hubs for $280M (nearly €231M) in closing consideration and $50M (approx. €41.2M) subject to performance-based targets.
Protolabs is a technology-enabled company that claims to produce custom components in as fast as one day with automated 3D printing, CNC machining, sheet metal fabrication, and injection moulding processes.