Xometry Acquires Thomas to Expand Ecommerce in Manufacturing
DERWOOD, MD—Xometry, which operates an on-demand industrial parts marketplace, has acquired Thomas, a product sourcing and ecommerce platform, for $300 million.
Xometry officials said the acquisition is expected to rapidly expand its buyer and seller base, and significantly enhance its global digital marketplace for manufacturers. Xometry also expects to leverage Thomas’ marketing and data services to deliver excellent end-to-end services for sellers with additional fintech and digital marketing products.