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Eyelit Technologies Acquires Optessa Software

Feb 21, 2024•almost 2 years ago

Acquiring Company

Eyelit Technologies

Acquired Company

Optessa

LewisvilleEdmontonQuality AssuranceManufacturingInformation Technology

Description

Eyelit Technologies, a leader in Manufacturing Operations Management, has acquired Optessa, a pioneer in optimization and AI-powered advanced planning and scheduling software. This acquisition extends Eyelit Technologies’ footprint into the automotive sector and enables them to offer intelligent planning and scheduling, two of the most important manufacturing workflows, to a growing range of industries.

Company Information

Company

Eyelit Technologies

Location

Lewisville, Texas, United States

About

Eyelit Technologies is a leader in Manufacturing Operations Management (MOM), Manufacturing Execution (MES), Quality Management (QMS), and Factory Automation solutions. They deliver world-class customer service and easy-to-use, high-quality manufacturing management solutions that increase productivity and worker performance.

M&A Insights

Based on deal data
Integration 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