Latest news for Xaar (OTC:XAARF) Stock

Xaar PLC is a digital inkjet technology company. The company manufactures piezoelectric drop-on-demand industrial inkjet printheads and ink systems. Its technology is used in a range of manufacturing applications, including graphics, labels, direct-to-shape packaging decoration, ceramic tiles, laminates, and outer case coding as well as printing with specialist functional fluids for manufacturing techniques. The Group's operations are reported under four operating segments: 'Printhead', 'Product Print Systems', 'Digital Imaging' and 'Ink Supply Systems'. The company has operations in Europe, Middle East, Africa, Asia, and the Americas. It generates revenues from product sales, commissions and fees, royalties, printhead, product print systems, and 3D printing.

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Stratasys Acquires Remaining Stake In Xaar 3D For Undisclosed Sum

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<ul>
	<li>Polymer 3D printing solutions provider&nbsp;Stratasys Ltd&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSYS#NASDAQ">SSYS</a>)&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/10/b23254546/stratasys-to-acquire-outstanding-stake-in-xaar-3d-to-accelerate-production-scale-additive-manufact" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">acquired the remaining</a>&nbsp;shares of Xaar 3D Ltd from&nbsp;Xaar PLC&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/XAARF#OTC">XAARF</a>), accelerating its growth in production-scale 3D printing. The financial terms of the transaction remain undisclosed.</li>
	<li>Stratasys previously owned a 45% stake in Xaar 3D. The Xaar 3D team will join Stratasys to continue developing the H Series platform and SAF technology.</li>
	<li>Stratasys held $522.7 million in&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/earnings/21/08/22347913/stratasys-stock-jumps-on-q2-earnings-beat-solid-outlook" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">cash and equivalents</a>&nbsp;as of June 30.</li>
	<li>&quot;We are committed to being the leading provider of production-scale polymer 3D printing for our customers as additive manufacturing continues to transform industries around the world,&quot; Stratasys CEO Dr. Yoav Zeif said.</li>
	<li>In April 2021, Stratasys introduced the H350 3D printer, the first system powered by Xaar 3D&#39;s powder-based SAF technology.</li>
	<li>Price Action:&nbsp;SSYS shares closed higher by 3.87% at $22.55 on Tuesday.</li>
</ul>

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Wednesday, October 06, 2021

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