TECHNIA completes acquisition of PRIME Aerostructures to extend Euro-Central Reach
Jul 01, 2024•over 1 year ago
Acquiring Company
TECHNIA
Acquired Company
PRIME Aerostructures
Stockholm
ViennaInformation TechnologySoftwareManufacturingAerospaceDescription
TECHNIA, the #1 knowledge leader in virtual twin solutions and digital engineering, has strategically acquired PRIME Aerostructures, a leading Dassault Systèmes Partner based in Vienna, Austria. With this acquisition, TECHNIA is set to further solidify its position as the premier provider of digital engineering software, services, training, and support, leveraging the complete portfolio of Dassault Systèmes 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