OREANDA-NEWS.  September 30, 2014. SORAINEN Estonia advised Stratasys (NASDAQ: SSYS), a leading global provider of 3D printing and additive manufacturing solutions, in its acquisition of GrabCAD in an all-cash transaction.

The transaction is expected to be completed by the end of September, subject to the fulfilment of customary closing conditions.

GrabCAD is helping engineers get products to market faster by connecting people, content and technology. The acquisition is expected to enable Stratasys to provide its customers with enhanced collaboration tools and improved accessibility relating to 3D CAD content. The addition of GrabCAD Workbench provides Stratasys with an opportunity to drive communication and ease of use throughout the 3D printing process and grow its technology solutions and user communities.

SORAINEN team, led by partners Toomas Prangli and Kaupo Lepasepp, and specialist counsel Kadri Kallas, assisted in Estonian law aspects of the transaction.