The acquisition gives Stratasys a leading consumer 3D printing platform, and gives MakerBot the deep pockets it needs to grow and compete.
Two of the bigger 3D-printing manufacturers plan to merge into a single entity with a strong position against competitors big and small.
The desktop 3D printer maker, a Stratasys subsidiary, is taking over assets of a German partner to form MakerBot Europe.
Hewlett-Packard will begin selling Stratasys' 3D printers for design markets later this year under its own brand name.
Stratasys' Objet500 Connex3 3D printer is capable of creating products in one print job that are rigid, flexible, and come in hundreds of colors.
The capabilities of the Stratasys Objet500 Connex3 3D printer have been demonstrated to gorgeous effect by designer and engineer Michaella Janse van Vuuren.
This story originally reported that financial terms of the merger between Stratasys and MakerBot were not announced. The companies said it was a stock-for-stock transaction worth about $403 million.
Wired reports 3D printer manufacturer Stratasys has nullified a lease agreement with Defense Distributed.
As one of the earliest pioneers in the field, Stratasys has now teamed up with HP to manufacture the first relatively affordable 3D printer.