Stratasys Ltd is the product of the 2012 merger of Stratasys, Inc. and Objet Ltd. Stratasys, Inc. was incorporated in Delaware in 1989, and Objet Ltd. was incorporated in Israel in 1998. On December 1, 2012, the two companies completed the merger, pursuant to which Stratasys, Inc. became an indirect, wholly-owned subsidiary of Objet Ltd., and Objet Ltd. changed its name to Stratasys Ltd. The Company provides additive manufacturing, or AM, solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. It offers systems, consumables and services for additive manufacturing. Its solutions address customers' needs for 3D printing, including printing systems, a compatible scanner, consumables, software, paid parts and professional services, and 3D content. Its solutions allow its end-users to print 3D objects that enhance their ability to visualize, verify and communicate product designs, thereby improving the design process and reducing time-to-market. Its systems create visual aids for concept modeling and functional prototyping to test fit, form and function, permitting rapid evaluation of product designs. Its systems also aid in the communication of ideas otherwise communicated in abstract or 2D media. Its solutions empower end-users to engage in DDM via the use of its systems for the quick and efficient direct manufacture of parts that are subsequently incorporated into the user's manufacturing processes or end product. Its solutions enable the production of manufacturing tools, jigs, fixtures, casts and injection molds that aid in the customer's production and assembly process. It holds more than 550 granted or pending patents internationally, and its AM systems utilizes its patented FDM and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from 3D CAD files or other 3D content. Its product and service offerings are sold under eight different brands. The Company offers office-friendly resin consumables, including rigid and flexible materials and bio-compatible materials for medical applications. It also offers Smooth Curvature Printing, thermoplastic ink-jetting technology through its SolidScape brand to produce wax-like patterns for lost-wax casting/investment casting and mold making applications. The Company's product portfolio consists of four series of AM systems and the consumables used in those systems. These series are the MakerBot desktop series, the Idea Series, the Design Series, and the Production Series. The Idea Series includes lower capacity, affordable set of 3D printers for professional use comprising the MoJo and uPrint product families, both of which are FDM-based. The Design Series includes the Dimension and Objet brands. The Dimension brand features FDM technology and the Objet brand features PolyJet-based technology. The Objet branded products include the Connex, Eden and Desktop 3D printers. The Production Series includes Fortus and SolidScape brands, both of which are typically used for DDM applications. Its Fortus family of products is based on FDM technology and offers large build envelopes and multiple material options. It also offers SolidScape line of 3D printers for DDM applications. The Company's Thingiverse platform enables users of MakerBot systems to share and customize their digital designs that can then be printed on MakerBot printers. The Company's primary competitors include 3D Systems Corporation, EOS GmbH and EnvisionTEC GmbH.