What happened Investors in 3D printer maker Stratasys (NASDAQ: SSYS) are having a good Wednesday, as their stock leaps 7.5% higher (as of 12:50 p.m. EST) in response to news that Stratasys is rolling up one of its competitors. Specifically, Stratasys announced today that it will acquire 3D printing start-up Origin for up to $100 million in cash and stock. Image source: Getty Images. So what Even more specifically, Stratasys will pay $60 million immediately upon closing (which is expected to happen in January 2021), and then an additional amount up to $40 million over the next three years as "performance-based earnouts" based on how well its new subsidiary does. Payment will comprise $45 million in Stratasys stock and $55 million in cash, with the bulk of the cash paid up front. Now what Stratasys expects that adding Origin's "proprietary Programmable PhotoPolymerization" technology to its business will generate $200 million in incremental sales over the next five years. Stratasys' guess here should be pretty good, by the way, because it has been partnering with Origin for more than half a year already, utilizing Origin's tech to produce nasopharyngeal swabs for use in COVID-19 testing. By now, one would imagine that Stratasys has developed a very good grasp of its new acquisition's performance and potential. All this new revenue will not, however, be immediately profitable for Stratasys -- which has reported seven straight years of losses under generally accepted accounting principles (GAAP), by the way, and is working on its eighth, according to data from S&P Global Market Intelligence. Rather, the company warns that the acquisition will be "slightly dilutive" to earnings in 2021 and will begin adding to pro forma income only in 2023. That prospect doesn't seem to be frightening investors today, however. Today, they're all about the revenue growth Stratasys is promising, and they're buying the shares hand over fist because of it. 10 stocks we like better than StratasysWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Stratasys wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source