Formlabs acquires Micronics
Formlabs acquires Micronics
techcrunch.com
Exclusive: Formlabs acquires 3D printing startup Micronics mid-Kickstarter campaign
I guess they're just going to end up being really good but heavily overpriced like the rest of the FormLabs products.
unless they go open source, to me this aquisition is a similar but worse situation than IBM and Redhat
Selling out this quick to a company obviously trying to reduce competition, feels like they weren't all that committed to the cause.
They were in a very tough position, their printer was having major quality control issues, I think they probably needed money.
Every man has his price at which he'll abandon any cause. Running a business is hard -- It's a big gamble and full of costs and expenses, you have to warranty the crap you make, source parts, fight with vendors, the whole lot. It's a pain in the ass. But taking a big cash payout is easy.
I'll bet these guys had student loans. And I'll bet you they don't anymore.