Gamma Technologies Unveils Plans to Launch GammaTech Engineering (GTE), Acquires Powertech Engineering S.r.l., Accelerating Simulation Methods Development for Complex Systems
Jan 18, 2024•almost 2 years ago
Acquiring Company
Gamma Technologies
Acquired Company
Powertech Engineering S.r.l
Description
Gamma Technologies (GT) has unveiled plans to launch GammaTech Engineering (GTE) and has acquired Powertech Engineering S.r.l (PWT) to accelerate simulation methods development for complex systems. This strategic move aims to enable industry innovators to develop and deploy advanced methods critical to the successful transition towards a sustainable future.
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