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LulzBot to keep making its popular 3D printers after rescue buyout

LulzBot to keep making its popular 3D printers after rescue buyout

Written by David

November 14, 2019

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LulzBot’s distinctive 3D printers will keep being made after the owner of the brand, Aleph Objects, avoided going under thanks to an acquisition by FAME 3D.

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FAME 3D (Fargo Additive Manufacturing Equipment 3D) is apparently a limited-liability corporation set up by a venture capitalist in order to buy up the assets of Aleph Objects, according to local media outlet Loveland Reporter-Herald (Aleph is based in Loveland, Colorado in the US).

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Aleph Objects recently laid off the majority of its staff in what was described as a streamlining operation – only 22 employees remained out of 113, in fact, following this move which happened a month ago. All this was due to cash-flow problems, tied up with delays in product launches and expected payments that didn’t come through, according to the report. Grant Flaharty, chief executive of Aleph Objects, said that some of those […]

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