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Alphawave Ip Announces Completion Of Acquisition Of Openfive

Sep 01, 2022•over 3 years ago

Acquiring Company

Alphawave IP Group plc (LSE

Acquired Company

OpenFive Business Unit

Privacy And SecurityConsumer GoodsProfessional ServicesInformation TechnologyHardware

Description

Alphawave IP Group plc ("Alphawave" or "Company") (LN:AWE), a global leader in high-speed connectivity for the world's technology infrastructure is pleased to announce that it has completed the acquisition of OpenFive.

Company Information

Company

Alphawave IP Group plc (LSE

About

Faced with the exponential growth of data, Alphawave IP's technology services a critical need: enabling data to travel faster, more reliably and with higher performance at lower power. Alphawave IP is a global leader in high-speed connectivity for the world's technology infrastructure. Our IP solutions therefore meet the needs of global tier-one customers in data centers, compute, networking, AI, 5G, autonomous vehicles, and storage. Founded in Toronto, Canada in 2017, by an expert technical team with a proven track record in licensing semiconductor IP, our mission is to focus on the hardest-to-solve connectivity challenges. To find out more about Alphawave IP, visit: awaveip.com

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