SIXGEN acquires Kyrus Tech to enhance its mission in the digital battlespace
Dec 02, 2024•about 1 year ago
Acquiring Company
SixGen
Acquired Company
Kyrus Tech
Description
SIXGEN, a full-spectrum solutions provider, has acquired Kyrus Tech, a specialized software development firm. This strategic acquisition strengthens SIXGEN’s mission to deliver advanced products and platforms, providing scalable, tailored solutions to address today’s complex digital threat landscape.
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