In 2000, ThomasNet News released Industry Market Trends (IMT), its first Journal. Together, we will introduce new services, cross-sell to our combined base and expand our suite of products, particularly in fintech and digital marketing., Thomas has a long and proud history of bringing active buyers and sellers together on our Thomasnet.com platform and providing the data and marketing services that inform decision-making, said Tony Uphoff, President and Chief Executive Officer of Thomas. Xometry Acquires Thomas, Accelerating the Manufacturing Industrys Digital Transformation, Accelerates Growth of Xometry's Marketplace, Creates Exceptional Scale of Buyers and Manufacturers, Establishes End-to-End Suite of Seller Services, Including Additional Fintech, Digital Marketing Products, Enhances Margins and Accelerates Path to Profitability. Thomas Register and Thomas Regional were available online from the mid 1990s. To explore Thomas Publishings full profile, request access. ROCKVILLE, Md., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Xometry (NASDAQ: XMTR), the global marketplace for on-demand manufacturing, today announced the acquisition of Thomas (Thomasnet.com), a leader in product sourcing, supplier selection and digital marketing solutions. 2022 Endeavor Business Media, LLC. We expect the deal to accelerate our path to profitability and expect full year profitability in 2023. Investor Presentation & Conference CallXometry has published a presentation to its investor relations website athttps://investors.xometry.com. Thomas brings deep relationships with highly qualified enterprise buyers and engineers.
Xometrys gross profit for that period was $46 million, for a gross margin of 24%; Thomass gross profit was $57 million, for a gross margin of 85%. /ColorSpace/DeviceRGB Xometry management will host a conference call at 8:30 a.m. today, Dec. 8, to discuss the acquisition. At the end of Q3 2021, Xometry had 26,187 active buyers, including nearly 30% of the Fortune 500. Contact editor Paul Demery at[emailprotected]and follow him on Twitter @pdemery.
(Q3 revenue surged 77% when excluding sales of COVID-19 masks by a single customer in both periods.). Every year, more than 20 million sourcing sessions are initiated on Thomasnet.com, generating extensive first-party buyer intent data across multiple sectors.. /CA 1
to the use of cookies is deemed to be given. Magnetic sensors are used extensively in modern vehicles, serving to measure the position of moving parts,. The company was founded in 2013 with this simple vision: If there was a convenient web-based marketplace for books people to write and read, why shouldnt there be a similar marketplace for products people to make and use? Their goal is to digitize manufacturing, connect supply with demand, and provide a better sourcing solution to both buyers and sellers.
It used independent representatives to sell advertising space around its listings in print products like the Thomas Register and the Thomas Industrial Regional Directories, and these representatives continue to sell Internet related products to manufacturers, distributors, and other companies. Get the full list, To view Thomas Publishings complete investments and acquisitions history, request access, To view Thomas Publishings complete exits history, request access, Device and system for searching, displaying and operating websites and other electronic content, Marketing method and system using domain knowledge. This yearly survey is called the Industry Market Barometer. /Creator(DC Advisory) Want to discuss? Based on anticipated revenue synergies, we expect the pro forma company revenue growth rate to be consistent with Xometrys expected revenue growth on a standalone basis in 2022.
/Type/Page [10] In the IMT, editors published editorials, interviews, and long form journalism on issues ranging from career skills, developments in the industry, and discussions with leading experts. Media Contacts:Matthew Hutchison for Xometry415-583-2119Matthew.Hutchison@Xometry.com, Investor Contact:Shawn Milne240-335-8132Shawn.Milne@Xometry.com.
<< /DescendantFonts[27 0 R] Partner Peter Crowther discusses Winston & Strawns Brussels Office. >> Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing services assets that perfectly complement our digital marketplace. 6 0 obj
It was once known as the "big green books" and "Thomas Registry", and was a multi-volume directory of industrial product information covering distributors, manufacturers and service companies[2] within thousands[3] of industrial categories that is now published on ThomasNet. The cash and stock transaction, valued at $300 million, is expected to close this week. Heres hoping this acquisition turns out to be healthy and prosperous for both Thomas and Xometry.
The number of women enrolled in post-secondary en, The Future of Automotive Wheel Sensing with GMR, Download PDF Version. Looking forward Thomas will remain its own brand, Thomasnet.com. Download our Pro Bono Impact Report Download our 2022 Pro Bono Racial Justice & Equity CEASE Report.
Thomasnet hosts more than 500,000 commercial and industrial sellers. A Service-Oriented Architecture for the Automotive Industry, Stellars Short-Lived Run in 3D Graphics Processors, Murata IRA IRA-S210ST01 Pyroelectric Infrared Sensor, The Murata IRA-S210ST01 is a leaded pyroelectric infrared sensor which provides a good signal-to-noise ratio and reliable performance.. Xometry uses its proprietary technology to create a marketplace that enables buyers to efficiently source on-demand manufactured parts and assemblies, and empowers sellers of manufacturing services to grow their businesses. /Type/Font [4] In April 2006 the New York Public Library named ThomasNet.com as one of its 25 Best of Reference sources for the reference librarian, and is currently listed in their Best of the Web list for Industry Information. On December 8, Xometry announced it has acquired Thomas, a long time trusted resource for the manufacturing industry. In joining forces with Xometry, were uniting our products with the power of the Xometry marketplace so we can do even more for industry together., Xometry officials said the acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers.
/Subtype/Image Supply Market Research Trends for Procurement and Supply Chain: 2021 Update, Shipping and Logistics Intelligence Offerings in the News, Sourcemaps Forced Labor Due Diligence Solution Addresses Standards Mandated by the Uyghur Forced Labor Prevention Act, Latest Container Port Performance Index Assesses Gaps and Opportunities, DPW DEMO 2022 Semi-Finalists Are Utilizing Exciting Ways of Integrating Supplier and Market Data Into Procurement Process Workflows, OSINT for Procurement and Supply Chain: No Hype, Just Promise, Sourcemap's Forced Labor Due Diligence Solution Addresses Standards Mandated by the Uyghur Forced Labor Prevention Act. Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing services assets that perfectly complement our digital marketplace.
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Xometry, Inc. ROCKVILLE, Md., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Xometry (NASDAQ: XMTR), the global marketplace for on-demand manufacturing, today announced the acquisition of Thomas (Thomasnet.com), a leader in product sourcing, supplier selection and digital marketing solutions. All rights reserved. Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing services assets that perfectly complement our digital marketplace. Join the conversation on theAdditive Manufacturing Global Community Discord. << Comment * document.getElementById("comment").setAttribute( "id", "aedf53e000c422b98d01cc068d21205a" );document.getElementById("bec24e5b99").setAttribute( "id", "comment" ); document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. In 2011, the IMT Machining Journal was launched followed by the IMT Fluid & Gas Flow Journal, the IMT Career Journal, and the IMT Procurement Journal. The books were first published in 1898[4] by Harvey Mark Thomas as Hardware and Kindred Trades. In joining forces with Xometry, were uniting our products with the power of the Xometry marketplace so we can do even more for industry together.. /ToUnicode 28 0 R Xometry and Thomas share a common mission of championing the digital transformation of the manufacturing industry, one of the largest sectors of the global economy and the foundation for innovation everywhere, said Randy Altschuler, CEO of Xometry, in a press release. ThomasNet is an information and technology company based in New York City. The acquisition is expected to be immediately accretive to gross margin and Adjusted EBITDA margin. Thank you for your understanding and compliance.
Adventures of Ohm: Hydrogen Production and Storage - Solved! /Height 100 Get yourFREE print subscriptionto TCT Magazine. All Rights Reserved, Ceramic and Exotic Additive Manufacturing News, Latest AM and 3D Printing Industry insights, Additive Manufacturing Global Community Discord.
[5]. At the end of Q3 2021, Xometry had 26,187 active buyers, including nearly 30% of the Fortune 500. Now, Xometrywhich raised more than $300 million in an initial public offering of stock in Julyis ready for mammoth growth by acquiring for $300 million the B2B marketplace company Thomas, which operates Thomasnet.com with more than 1.3 million registered users. /DescendantFonts[31 0 R] Xometry and Thomas share a common mission of championing the digital transformation of the manufacturing industry, one of the largest sectors of the global economy and the foundation for innovation everywhere, said Randy Altschuler, CEO of Xometry. Thomass client base includes such organizations as manufacturers General Electric Co., Johnson & Johnson, Lockheed Martin, and Eaton Corp.; distributor W.W. Grainger Inc.; the National Aeronautics and Space Administration; and the U.S. departments of defense, transportation, and homeland security.
/Type/Pages DC Advisory US acted as the financial advisor and Winston & Strawn LLP as the legal advisor to Thomas. Conference Dial-In Numbers:Conference ID: 1193859Participant Toll-Free Dial-In Number: 18773132061Participant International Dial-In Number: 14704959537. Xometrys rapidly growing digital marketplace provides real-time access to global manufacturing capacity and demand, helping accelerate the digitization of the manufacturing industry. /Annots 18 0 R The acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers.
Thomasnet has stayed competitive because it is a good, solid product that has always understood its users and the more boring, yet vital, aspect of presenting data that has been fully classified. 3 0 obj
Our professionals are available in person, via email, phone, and video conferencing to continue to serve our clients across the globe.
1 0 obj /CreationDate(D:20211209172653Z) >> Leveraging AI and machine-learning technology, the Xometry marketplace provides immediate pricing, delivery lead times and quality assurance in a highly fragmented environment, as well as a suite of financial products that enable manufacturers to grow their businesses. Xometry management will host a conference call at 8:30 a.m. today, Dec. 8, to discuss the acquisition. Together, we will introduce new services, cross-sell to our combined base and expand our suite of products, particularly in fintech and digital marketing., Thomas has a long and proud history of bringing active buyers and sellers together on our Thomasnet.com platform and providing the data and marketing services that inform decision-making, added Tony Uphoff, President and CEO of Thomas. Leveraging AI and machine-learning technology, the Xometry marketplace provides immediate pricing, delivery lead times and quality assurance in a highly fragmented environment, as well as a suite of financial products that enable manufacturers to grow their businesses.
/CS/DeviceRGB The acquisition is expected to be immediately accretive to gross margin and Adjusted EBITDA margin. w !1AQaq"2B #3Rbr
Get the full list, To view Thomas Publishings complete patent history, request access, Youre viewing 3 of 4 executive team members. PBV Monitor Srl, P.IVA. Ut enim ad minim veniam, qu, Youre viewing 5 of 23 competitors. /Author(DC Advisory)
In joining forces with Xometry, were uniting our products with the power of the Xometry marketplace so we can do even more for industry together.. The company stopped publishing its print products in 2006. Follow us onLinkedInand be the first to know when new Digital Commerce 360 B2B News content is published.
Goldman Sachs & Co. LLC acted as the financial advisor and BakerHostetler the legal advisor to Xometry. } !1AQa"q2#BR$3br >> Allegro MicroSystems. /Title(DC Advisory advised Thomas Publishing Company on its sale to Xometry)
In December 2021, Thomas was acquired by Xometry.[8]. 03685040127, Artemis Gold Inc.s Master Lease Agreement with Caterpillar Financial, AES Tiet Energias $8.1 Million Acquisition of Cordilheira dos Ventos, Finca Re Ltd.s $75 Million Multi-Peril Cat Bond, Pennsula Capitals Acquisition of Majority Stake in Wm Clinics, Eurazeo Mid Caps Closing of Eurazeo PME IV, Tasaheel Microfinances Securitization Transaction, Disty Technologies Initial Public Offering, Diagnostic Robotics Series B Fundraising, Providence Equity Partners Acquisition of Airties, Apax Partners LLPs Acquisition of Majority Stake in Pickles Auctions Pty Limited, BAI Capitals $700 Million Closing of BAI Capital Fund, Norton Rose Fulbright expands innovation and tech capabilities in Germany, Norton Rose Fulbright appoints Yianni Cheilas as head of Greece, Womble Bond Dickinson Enters San Francisco Legal Market, Combines with Cooper, White & Cooper, From SMP to YPOG: Business law firm with new name and expanded partner base, Federico Michele Sorrentino is the new Avocoms Equity Partner, Joseph Suh Joins Reed Smith Global Corporate Group in New York, Former FDA Regulator Joins McDermotts Healthcare Practice, CQS/FV Advogados adds Andr Megale as its new partner. Cookie Policy.
In November, Xometry acquired the assets of digital technology companies FactoryFour and Big Blue Saw to expand its services to manufacturers. They state that AI has helped them create a liquid, scalable and global marketplace for the sourcing of on-demand parts, which gives them the opportunity to gain visibility into the supply and demand balance locally, regionally, and globally. At the end of Q3 2021, Xometry had 26,187 active buyers, including nearly 30% of the Fortune 500. /Subject(DC Advisory advised Thomas Publishing Company on its sale to Xometry) Download our 2022 Pro Bono Racial Justice & Equity CEASE Report, International Trade, CFIUS, Customs, Export Controls & Sanctions, Special Purpose Acquisition Companies (SPACs), Environmental, Social, and Governance (ESG), International Trade Commission Section 337 Litigation, Labor, Employment, Employee Benefits & Executive Compensation, California Employment Counseling & Litigation, Discrimination, Harassment, Retaliation & Wrongful Termination Litigation, Employment Law Advice, Counseling & Training, Unfair Competition, Restrictive Covenants & Trade Secrets, Executive Compensation Plans & Agreements, Asia Compliance, White Collar & Investigations, Bankruptcy & Distressed Company Litigation, Government Program Fraud, False Claims Act, and Qui Tam Litigation, White Collar, Regulatory Defense & Investigations, Oil & Gas - Oilfield Services & Equipment, Energy & Infrastructure - Other Infrastructure, Health Care Employee Benefits & Executive Compensation, Technology, New Media & Telecommunications, Aviation Structured Finance & Securitization, Environmental & Energy Compliance & Counseling, International Trade, Customs & Export Controls, Nicholas Rodriguez Teaches M&A Transactional Skills Course at the University of Miami School of Law, Winston Attorneys Speak at TexasBarCLEs 21st Annual Course - Advanced In-house Counsel, MaritimeTax Credit Proposal Announced to Incentivize U.S. Construction of Offshore Wind Vessels, Lessons From the International Cartel Workshop, Tax Reform in July: Key provisions of the newly announced Inflation Reduction Act of 2022, Deal on Senate Reconciliation Bill Announced, Major Tax Provisions Within, New Policy Impacts Patent Case Assignments Filed in Waco, Another Step Towards Increased Antitrust Enforcement in Labor Markets, RussiaUkraine Conflict Increases Regulatory Risks for Sanctions Evasion Through Crypto-Based Transactions, Charlie Papavizas Moderates Ocean Shipping Reform Act Webinar for Capital Link Shipping. Thomas brings deep relationships with highly qualified enterprise buyers and engineers, with more than 1.3 million users and 500,000 commercial and industrial sellers registered to its platform. /Type/ExtGState Operator of an online advertising and digital marketing marketplace designed to connect buyers, engineers, and MRO profe, e et dolore magna aliqua. /SA true
/Length 3862
Xometrys buyers range from self-funded startups to Fortune 100 companies.
/Count 2 jgT_wj(n#T*1EUb(GQ"gGP>nL~SIOVm)PVM;F; Fj&. 2022 Xometry, Inc.. All rights reserved. The beginnings of these two companies could not be more different. ThomasNet, the initial online directory, launched in 1995 as ThomasRegister.com. /BaseFont/UniversLTW01-65Bold No comments have been added yet. About XometryXometry is a leading digital marketplace for on-demand manufacturing, transforming one of the largest industries in the world. [6] Thomas Regional Regional Industrial Buying Guides[7] provided information in print and on CD-ROM, on local OEMs, distributors, MRO services and other custom manufacturing services in 19 regional editions covering much of the United States. According to the companies press release, the acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers. In smart light, Nexperia PMEGxxxTx Trench Schottky Rectifiers, Nexperia has extended its portfolio of trench Schottky rectifiers with devices rated at up to 100 V and 20 A. /Width 100
d d" The Thomasnet.com platform has more than 1.3 million registered users and more than 500,000 commercial and industrial sellers.
Ecommerce Effect: Russia-Ukraine Conflict, [June] Fulfillment-Model Changes for Buyers and Sellers, [June] 2022 Omnichannel Innovation Report, Growing Market Share with Collaborative Commerce, EnvisionB2B I a Digital Commerce 360 Event, Jul 28 I How Manufacturers Unlock New Revenue with Digital Commerce, Aug 2 I Don't Let Technology Hold You Back, Aug 9 I 5 Critical Website Fixes Retailers Need to Make Before Black Friday, Aug 16 I Best Practices For Delivering A Great Streaming eCommerce Experience, Aug 18 I How to make shopping easy for good customers while blocking fraudsters, Xometry eyes a $2 trillion market with purchase of Thomas, complimentary subscription to Digital Commerce 360 B2B News. This site requires you to register or login to post a comment.
The $300 million deal is expected to expand the digital industrial marketplace. /ToUnicode 32 0 R For the third quarter, Xometry reported a net loss of $14.7 million. The company's platform offers information on industrial suppliers and buyers from the electrical, power generation, materials handling, engineering, hardware, plastics, and chemical industries, enabling industrial clients to save time on sourcing and attract, convert, and retain customers. Based on anticipated revenue synergies, we expect the pro forma company revenue growth rate to be consistent with Xometrys expected revenue growth on a standalone basis in 2022. /Contents[16 0 R 37 0 R 51 0 R]
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/Producer(DC Advisory) The cash and stock transaction, valued at $300 million, is expected to close this week. Thomas brings deep relationships with highly qualified enterprise buyers and engineers. Win whats next. Our Pro Bono Impact Report is filled with stories that illustrate the immense impact that Winstons commitment to pro bono service has had for the most disadvantaged in our communities and for the NGOs that support them. December 08, 2021 07:30 ET Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing servicesassets that perfectly complement our digital marketplace. Thomas moved its database online as ThomasNet, published and maintained by Thomas Industrial Network, one of Thomas five business units. U.S. Foundry Bets on Subsidies to Build $1.8 Billion Fab in Indiana, Bionic Hand Provides Strength and Haptic Feedback, Digital transformation: A partnership between Siemens and Hyundai-Kia, The leading application development platform, Lifecycle Insights: Digital transformation offers overwhelming ROI. Please note that Winston requires that all attendees at events hosted or sponsored by Winston & Strawn need to be fully vaccinated against COVID-19 and to comply with local health and safety guidelines. /SM 0.02
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Every year, more than 20 million sourcing sessions are initiated on Thomasnet.com, generating extensive first-party buyer intent data across multiple sectors. >> In their heyday, Thomas Register of American Manufacturers was a 34-volume, 3 section buying guide offering sourcing information on industrial products and services, along with comprehensive specifications and detailed product information from thousands of manufacturers. Xometry also expects to leverage Thomas marketing and data services to deliver an unmatched suite of end-to-end services for sellers with additional fintech and digital marketing products. Winston & Strawn's lawyers and professional staff are operating in a hybrid work environment. The last print edition was published in 2006 and since then they have been lock, stock, and barrel, 100% an internet company. Now in 2021, according to the press release, the Thomasnet.com platform has more than 1.3 million registered users (including 93 percent of Fortune 1000 companies) and more than 500,000 commercial and industrial sellers, including 45,000 diversity certified sellers.
/Type/Font /BaseFont/UniversLTW01-55Roman Xometrys rapidly growing digital marketplace provides real-time access to global manufacturing capacity and demand, helping accelerate the digitization of the manufacturing industry. Xometry and Thomas share a common mission of championing the digital transformation of the manufacturing industry, one of the largest sectors of the global economy and the foundation for innovation everywhere, says Randy Altschuler, CEO of Xometry.
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