$1.8 Billion Merger Deal Involving Burlington Company Falls Through

BURLINGTON, MA — Burlington-based Desktop Metal Inc. will remain independent after a deal worth $1.8 billion fell through. The proposed merger with polymer 3D printing company Stratasys Ltd. was scrapped Thursday because of a lack of support from Stratasys' shareholders, The Boston Business Journal reported.

The deal would have made Stratasys the controlling owner of the combined company and would have been one of the largest mergers involving a Massachusetts company this year. The move would have impacted Desktop Metal's roughly 250 local employees.

Read the full story in The Boston Business Journal.