Co2Meter, Inc. "Leading Source" In Gas Detection Devices, Announces Acquisition Of Gaslab.Com
May 02, 2022•over 3 years ago
Acquiring Company
CO2Meter
Acquired Company
GasLab.com
Natural Resources
Description
CO2Meter Inc., a worldwide designer and manufacturer of high-quality gas detection, monitoring, and analytical solutions, has announced the acquisition of GasLab.com, a leader in oxygen gas sensing and monitor technology, to further expand on CO2Meter's leadership in gas detection markets.
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