Nano Dimension Clears Hart-Scott-Rodino (“HSR”) for Acquisition of Desktop Metal

Core Viewpoint - The acquisition of Desktop Metal, Inc. by Nano Dimension Ltd. is progressing as the waiting period under the HSR Act has expired, allowing the deal to remain on track for a Q4/2024 closing [1][2][3] Group 1: Acquisition Details - The waiting period under the HSR Act has expired, meaning no further regulatory review by U.S. antitrust authorities is required for the acquisition [2] - The acquisition is still subject to other customary closing conditions, but this step keeps the timeline for closing in Q4/2024 on schedule [3] Group 2: Company Overview - Nano Dimension is a leading supplier of Additively Manufactured Electronics and 3D printing solutions, focusing on transforming manufacturing into an environmentally friendly and efficient process [4] - The company has served over 2,000 customers across various sectors, including aerospace, defense, automotive, and medical technology [6] - Nano Dimension's products include Additive Electronics manufacturing machines and solutions for producing metal, ceramic, and specialty polymer applications with high precision [6][7] Group 3: Strategic Focus - The company's strategy leverages deep learning-based AI to enhance manufacturing capabilities and manage a distributed manufacturing network via the cloud [5] - Nano Dimension aims to provide rapid prototyping, high-mix-low-volume production, and minimal environmental impact through its additive manufacturing solutions [7]