Claroty Completes Acquisition Of Healthcare Iot Security Leader Medigate
Jan 10, 2022•over 3 years ago
Acquiring Company
Claroty
Acquired Company
Healthcare IoT Security Leader
Description
Claroty, the security company for cyber-physical systems (CPS) across industrial, healthcare, and enterprise environments, today announced it completed the acquisition of Medigate, a leading healthcare IoT security company. The acquisition uniquely positions Claroty to secure the Extended Internet of Things (XIoT) by delivering unmatched visibility, protection, and threat detection for all connected organizations via one comprehensive solution.
FundzWatch™ Score
65
High M&A Activity
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