Nano Dimension spends US$25 million to acquire start-up companies to strengthen 3D printed circuit assembly

On November 8, 2021, the Antarctic Bear learned that electronic circuits3D printingThe manufacturer Nano Dimension (NASDAQ: NNDM) recently completed its third acquisition of this year, bringing the Swiss electronic assembly equipment manufacturer Essemtec
income
Flag. This transaction will lay the foundation for a breakthrough in microchip placement as part of Nano Dimension’s Additive Manufacturing Electronics (AME) solution.

The transaction was completed on November 3, 2021. Nano Dimension paid $15.1 million in cash and will pay an additional $9.7 million in 14 months. This acquisition will complement Nano Dimension’s products, and because of Essemtec’s technology in the dispensing and assembly of circuit board components, it can further promote it to become an industry leader in AME.

As part of Nano Dimension’s strategy to innovate AME, this acquisition provides an opportunity to enter new systems, including Essemtec’s production equipment for placing and assembling electronic components on printed circuit boards (PCBs), and highly flexible surface mount technology. (SMT) pick-and-place equipment, precision dispensers suitable for high-speed and micro-dispensing, and intelligent production material storage and logistics systems.

Since the launch of the first equipment in 1991, Essemtec’s high-tech solutions are mainly characterized by diversified production processes and small batch manufacturing. Essemtec’s solutions are equipped with complex
software
Bag.

Essemtec will continue to stay in the development and production base in Aesch, and continue to expand. Scientists, engineers and other team members will continue to be led by the current management team and supported by Nano Dimension Chief Operating Officer (COO) Ziki Peled.

Franz-Xaver Strueby, CEO of Essemtec, said: “This transaction will be3D printingGreat influence and change in the electronics and assembly fields”.

One of the main objectives of this transaction is to merge Nano Dimension’s microelectronic 3D manufacturing equipment for high-performance electronic devices (or Hi-PEDs) with Essemtec’s more comprehensive manufacturing-process-equipment-assembly capabilities. Hi-PEDs are autonomous intelligent drones,
car
, Satellite, smart phone and in vivo
Medical treatment
The indispensable promoter of equipment cannot be produced by traditional PCB manufacturing processes.This is the flagship of Nano Dimension3D printingWhere the machine DragonFly LDM comes in.

DragonFly LDM is equipped with two print heads, one for nano-silver conductive ink and the other for dielectric polymer ink. Two advanced inks can be used for printing in one print job to produce customized Hi-PED. The company’s management believes that Essemtec’s products will be fully suitable for Nano Dimension’s PCB assembly market and the vertical market of equipment manufacturers (OEM).

With this new member, Nano Dimension has now acquired three companies in 2021.3D printingMachine manufacturer Nanofabrica and deep learning pioneer DeepCube. Yoav Stern, CEO and Chairman of Nano Dimension, hopes: “Use the deep learning-based artificial intelligence technology we acquired from DeepCube to become the “robot brain” of the Essemtec system.” He expects this will increase production and throughput, and Promote a more seamless integration with Nano Dimension’s AME system.

Nano Dimension’s valuation is US$1.55 billion. The latest acquisition can add US$17.2 million to the company’s annual revenue, with a gross profit margin of 60%. The company’s reported annual revenue is estimated to be approximately US$3.7 million.

(Editor in charge: admin)

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