StoryCommercial
Xometry acquires Thomasnet industrial sourcing platform for $300 million
XometryXometry Marketplace & Quoting Engine
Xometry announced the acquisition of Thomasnet.com, a century-old industrial supplier directory with 1.3+ million registered users and 500,000 suppliers. The $300M cash-and-stock deal expanded Xometry's reach to procurement engineers and added deep supplier relationships.
- Thomasnet brings 1.3M+ registered engineers and procurement professionals
- 500K suppliers registered on Thomasnet complement Xometry's 5K-supplier network
- Deal expected to close week of December 8, 2021