MKFG - Markforged acquires materials simulation firm

Markforged (NYSE:MKFG) has acquired advanced materials simulation company, Teton Simulation Software. Terms of the acquisition are not being disclosed. Founded in 2016 in Wyoming, Teton specializes in software technology built to enable rapid validation and optimization of 3D print parameters to ensure that performance and manufacturing requirements are realized. Markforged will integrate Teton’s technology with its 3D printing software solution, Eiger (EIGR), as a subscription add-on that will offer customers a streamlined workflow, spanning part design, testing, optimization, validation and printing at the point of need, all on a single, cloud-based platform. The acquisition enhances Markforged’s position in distributed manufacturing by extending its end-to-end platform with fast, automated validation of the most demanding end-use parts and applications.

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Markforged acquires materials simulation firm