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Porsche Holding Invests in 3D Printing Companies
Stuttgart-based Porsche Automobil Holding SE, which owns a controlling-stake in Volkswagen Group, has acquired minority holdings in two 3D-printing companies.
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Stuttgart-based Porsche Automobil Holding SE, which owns a controlling stake in Volkswagen Group, has acquired minority holdings in two 3D-printing companies.
The combined investment in Watertown, Mass.-based Markforged Inc. and another unidentified company is less than €10 million ($12 million). Porsche Automobil says it will hold less than a 10% stake in each company.
Markforged claims to be the only industrial 3D printing company with the capability to produce parts out of the “entire range of materials” from metal to carbon fiber. The company, which was formed in 2013, has several thousand customers worldwide.
In September Porsche Automobil acquired 97% of PTV Planung Transport Verkehr, a German software provider for traffic management and transportation logistics services. The holding company also has a 10% stake in Inrix Inc., which specializes in traffic-mapping and connected-car services.
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