GrabCAD will be joining the Stratasys family

Dear GrabCAD Community,

Today is an exciting day in GrabCAD history - I’m happy to announce that GrabCAD has entered into a definitive agreement to be acquired by Stratasys. Once the transaction is closed, subject to the fulfillment of customary closing conditions, GrabCAD will be joining the Stratasys family.

It's been an amazing 4 years since we launched GrabCAD and the first members joined our journey. When we started the Company we knew that technology would change the way people are designing and manufacturing, but we didn’t know how much or how fast it would happen. We found ourselves with great ideas from our community, customers and team, but we never quite had the resources to execute against these ideas at full speed.

When we met Stratasys, from the first minute it was clear that we share the same vision about the change taking place in the world of design and manufacturing. What was different was our approach to this change - Stratasys is changing the industry by building amazing 3D printing technology and GrabCAD by connecting people and helping them collaborate. We are also both CAD software agnostic - this has always been one of our most important principles at GrabCAD, and it’s one that the Stratasys team shares.

What's next?

  • The GrabCAD community will keep its brand and identity
  • I will continue to lead GrabCAD
  • We will have many more resources available to continue to make the Community and Workbench even better

I personally want to thank you, the Community. You have trusted us from the early days through the good and bad days since then. Your stories, work and encouragement have always been my biggest source of motivation in GrabCAD. Without you there would never been GrabCAD as we know it today. Thank you again for everything and I hope you share the excitement with me and the rest of GrabCAD Team.

Here's a link to the press release.