Tag Archives: SLM Solutions

Energy Drives Defensive Innovation in the Steel Industry

In recent years, there has been rapid innovation in the development and processing of structural metals, particularly for high-performance alloys. Lux has covered high-end metals innovation extensively, much of which has been driven by advances in 3D printing, simulation and modeling software, materials informatics, and novel approaches to alloy design, such as high-entropy alloys. As a result, the development, production, and processing of high-performance metals continues to get cheaper as quality improves. Continue reading

GE’s Failed Takeover Bid of SLM Solutions Shows That It’s a Seller’s Market for 3D Printing Companies

The month of October turned out to be a turbulent one for GE Aviation. After announcing a $1.4 billion acquisition of both Arcam and SLM Solutions (client registration required), it emerged that activist investor Elliot Advisors (which owns stakes in both companies) was challenging the terms of the deals. Elliot Advisors claimed that the acquisition bid for SLM Solutions undervalued the company, despite being at a 37% premium over SLM’s stock price at the time. GE Aviation eventually dropped its bid for SLM Solutions, and was forced to both raise the price of the Arcam deal and reduce the acceptance threshold. GE then announced that it was acquiring Concept Laser, a German manufacturer of selective laser sintering (SLS) 3D printers. Continue reading