Other Machine Co., manufacturer of the very capable and very cool OtherMill Pro CNC machine, has been acquired by [Bre Pettis], former CEO of MakerBot. Under the terms of the acquisition, current CEO of Other Machine Co, Dr. Danielle Applestone, will remain in charge of the company.
We have a love affair with the OtherMill here at Hackaday. We have a few of them kicking around the Design Lab, and they’re great. Six mil traces are possible, and the OtherMill is a very reliable machine. We’ve taken a look at the OtherMill manufacturing process and liked what we saw, and we’ve invited [Danielle Applestone] to talk about the quest for the highest precision per dollar.
Of course, the newsworthy item for this, ‘rich guy buys a company’ story is who acquired the company. [Pettis] is most famous for being one-third of the original MakerBot team, a position that netted him about $130 Million after Stratasys acquired MakerBot. Stratasys’ acquisition of MakerBot has made a lot of people angry and has been widely regarded as a bad move. The history of MakerBot is not written yet, but the general consensus is that [Pettis] only played a very limited role in the downfall of MakerBot and desktop 3D printing as a whole.
Since leaving MakerBot for greener pastures, [Pettis] has put his money to work; he’s also an investor in the laser cutter startup Glowforge. While Glowforge has seen its share of troubles including a ridiculous policy on field-replaceable laser tubes, and perpetual delays for production units, Glowforge will be shipping soon. It’s unclear how the Glowforge will ultimately be received. But [Pettis’] continues to put his money where his mouth is (and into hardware startups) with this acquisition of Other Machine Co..