Align Technology completes acquisition of Cubicure for €79 million


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Align Technology, Inc., a global medical device company that designs, manufactures, and sells the Invisalign system of clear aligners, iTero intraoral scanners, and exocad CAD/CAM software for digital orthodontics and restorative dentistry, has completed the acquisition of privately-held Cubicure GmbH, a pioneer in direct 3D printing solutions for polymer additive manufacturing that develops, produces, and distributes innovative materials, equipment, and processes for novel 3D printing solutions.

The acquisition of Cubicure will 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 its 3D printed product portfolio which now includes the Invisalign Palatal Expander system, Align’s first direct 3D printed orthodontic device and a safe, comfortable, and clinically effective 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 additive manufacturing of resilient components with a high-quality, first-of-its-kind material quality performance.

Align Technology completes acquisition of Cubicure. The deal closed on January 2, 2024, for approximately €79 million.

“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. 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,” said Joe Hogan, President and CEO of Align Technology.

“Align has invested billions of dollars on innovation over the past 27 years, including next-generation 3D printing technologies to process high-performance polymers,” said Srini Kaza, Senior Vice President of Product Research and Development at Align Technologies. “We’ve been working with Cubicure for years and I am thrilled that they are now officially employees of Align and members of our R&D organization. We’re at the beginning of this next wave of direct 3D printing additive manufacturing and I believe we’re poised to transform the orthodontic industry again with our unprecedented ability to direct print devices.”

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.

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