Xometry Launches In Turkey With The Acquisition Of Tridi, Turkey’s Leading On-Demand Manufacturing Marketplace
- Xometry Acquires Tridi, Turkey’s Leading Manufacturing Platform With A Vetted Regional Manufacturing Network & Corporate Buyers Across Diverse Industries, Including Aerospace And Aeronautics, Automotive, Consumer Electronics And More
- Xometry Launches Localized Marketplace In Turkey Available At xometry.com.tr
- Xometry’s Proprietary Instant Quoting Engine Delivers Instant Pricing, Accurate Lead Times And Instant Feedback, Empowering The Creation Of Resilient Supply Chains
MUNICH, Germany and ISTANBUL, Turkey, March 03, 2023 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it continues to expand its significant footprint in the European region, with the acquisition of Istanbul-based Tridi and launch of a localized marketplace for Turkish customers, xometry.com.tr. With the acquisition of Tridi, Xometry adds a significant marketplace in a strategic area of the region that can support customer needs throughout Europe.
Xometry’s localized marketplaces are powered by the company’s proprietary, AI-driven Instant Quoting Engine and allow regional customers to get quotes and purchase parts directly in local currency.
Tridi’s customers come from diverse industries, including aerospace and aeronautics, automotive, consumer electronics, plastics and more, including large international enterprise organizations. Tridi offers CNC machining, 3D printing, sheet-metal fabrication, injection molding and urethane casting services across its network of vetted regional manufacturing suppliers. Tridi will continue its operations under the Xometry Turkey brand and will be a subsidiary to Xometry Europe.
“Our continued expansion across Europe reflects our commitment to becoming the global marketplace for the large and growing industrial market,” said Randy Altschuler, CEO of Xometry. “With the acquisition of Tridi, we’re giving our customers throughout Europe more opportunities to source their manufacturing needs. Our localized marketplaces help entrepreneurs, small- and medium businesses as well as large enterprise organizations connect with manufacturers to create locally resilient supply chains so that they can bring goods to market faster and operate with greater efficiency. We are proud of our track record in Europe, where we now have 11 localized marketplaces, and we welcome Tridi into the Xometry family.”
“We’re excited about our expansion into Turkey, which is crucial to European manufacturing supply chains and has a strong internal manufacturing market.”, said Dmitry Kafidov, the Managing Director of Xometry Europe
“We’re thrilled to join Xometry,” said Çınar Topaloğlu, Tridi co-founder and CEO. “Our customers and our manufacturing partners can already benefit from Xometry’s cutting-edge marketplace technologies and global manufacturing expertise by quoting and sourcing parts via xometry.com.tr.”
Xometry’s Acquisition Of Tridi In Turkey
With the acquisition of Tridi, Xometry enables international and local customers in Turkey to use its advanced and powerful marketplace technologies.
Tridi was founded in 2014 and has become a regional leader in on-demand manufacturing in Turkey.
The Xometry Marketplace features the company’s proprietary Instant Quoting Engine. Powered by artificial intelligence, the Xometry Instant Quoting Engine® analyzes millions of data points in real time to deliver instant pricing, accurate lead times and instant feedback, empowering entrepreneurs, small-and-medium businesses and large enterprise organizations to create locally resilient supply chains.
About Xometry
Xometry (XMTR) powers the industries of today and tomorrow by connecting the people with big ideas to the manufacturers who can bring them to life. Xometry’s digital marketplace gives manufacturers the critical resources they need to grow their business while also making it easy for engineers and purchasers at small and large enterprise companies to tap into global manufacturing capacity and create locally resilient supply chains.
Media Contact:
Matthew Hutchison
Corporate Communications for Xometry
415-583-2119
matthew.hutchison@xometry.com
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin