Aleph Objects sells to Fargo company

LOVELAND — Aleph Objects Inc. of Loveland, at one time one of the fastest growing companies in Northern Colorado, has been sold.

The company announced Friday that it had agreed to an asset sale, which includes the well-known LulzBot 3D printing brand. Buyer is Fargo Additive Manufacturing Equipment 3D (FAME 3D), a Fargo, North Dakota, company.

“LulzBot is one of the core leaders in the desktop 3D printing industry. It’s an organization filled with intelligent, innovative people and solutions that are changing the opportunities for manufacturing and medical markets,” Grant Flaharty, CEO of Aleph, said in a press release. “We couldn’t stand by and watch that type of innovation to go unrealized.”

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Flaharty will retain his position with the new organization.

Aleph announced in October that it was laying off 80 percent of its workforce in an effort to stay afloat until a sale could occur. 

FAME 3D is continuing the open source legacy for its customer products, Flaharty said. “Now with solid financial backing, we can continue with cutting edge innovation, high quality long-lasting printers, and product advancements aimed at providing industry-leading solutions.”

The Fargo Additive Manufacturing LLC was created Nov. 1, according to the North Dakota Secretary of State. Its address is listed as 2222 Seventh Ave. North in Fargo, the same address as Fargo 3D Printing LLC. That company was founded four years ago by Jake Clark and John Schneider. It sells 3D printers, parts and conducts repairs on 3D printers.

Aleph founder Jeff Moe said he will now focus his attention on a new company that he has started called Fork Sand Inc. Fork Sand will work for improved computer security.

“We all know that there is a lack of computer security. Fork Sand will be working for secure, auditable computer security based on open source architecture,” Moe told BizWest.

Editor’s note: This is a developing story and will be updated.