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3D printing company Materialise files for a $125 million IPO

Posted
4/2/2014 1:33:00 PM
By: Renaissance Capital
Referenced Stocks:DDD

Materialise, which provides additive manufacturing software and other 3D printing services, filed on Wednesday with the SEC to raise up to $125 million in an initial public offering. The Leuven, Belgium-based company, which was founded in 1990 and booked $95 million in sales for the fiscal year ended December 31, 2013, plans to list on the NASDAQ but has yet to pick a symbol. Materialise initially filed confidentially on February 24, 2014. Piper Jaffray and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.