Align Technology completed the acquisition of Cubicure, maker of 3D printing solutions for polymer additive manufacturing.
Align Technology announced that it has completed the acquisition of privately-held Cubicure GmbH, a maker of direct 3D printing solutions for polymer additive manufacturing that develops, produces, and distributes materials, equipment, and processes for novel 3D printing solutions.
The acquisition of Cubicure is expected to support and scale Align’s strategic innovation roadmap and strengthen the Align Digital Platform. Cubicure will also extend and scale Align’s printing, materials, and manufacturing capabilities for our 3D printed product portfolio which now includes the Invisalign Palatal Expander system, Align’s first direct 3D printed orthodontic device and alternative to traditional palatal expanders.
Cubicure’s patented Hot Lithography technology uses a special heating and coating mechanism that enables the processing of highly viscous resins to produce particularly tough and temperature-resistant polymers. This high precision 3D printing process facilitates the unprecedented additive manufacturing of resilient components with an astonishing first of its kind material quality performance.
“The acquisition of Cubicure brings a talented team and unique cutting-edge technology into Align and will enable us to scale our 3D printing operations to eventually direct print millions of custom appliances per day,” said Joe Hogan, Align Technology president and chief executive officer. “Direct 3D printing enables Align to create 3D printed solutions without the added step of first creating a mold, making 3D printing more sustainable and efficient. I am excited to take this important step in our relationship with Cubicure, which began several years ago as a joint development program.”
The acquisition closed on January 2, 2024, for approximately €79 million subject to final closing adjustments and adjustments for Align’s existing ownership of capital stock of Cubicure.