Acquiring Company
ETL Systems
Acquired Company
IRT Technologies
Description
ETL Systems has acquired IRT Technologies to enhance its SATCOM portfolio. This acquisition supports ETL Systems' strategy for growth and innovation in the satellite communications industry. IRT Technologies will continue to operate under ETL Systems, ensuring seamless service delivery. The partnership aims to drive quality and reliability in satellite communication solutions.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed