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Copado Acquires Leading Sap Testing And Implementation Companies To Expand Depth Of Its Devops And Testing Platform

Feb 01, 2022over 3 years ago

Acquiring Company

Copado

Acquired Company

Implementation

SoftwareOtherInformation Technology

Description

Copado, a leading DevOps platform powering the world's largest digital transformations, today announced it has acquired Qualibrate, the leading SAP automated testing solution, and IOVIO, an internationally recognized SAP implementation and technology services company. Together these two acquisitions will bring deep enterprise resource planning (ERP) and SAP expertise to the Copado DevOps platform. Enterprises who are invested in multiple cloud-based applications can use Copado's automated testing solutions and services to deliver transformation projects up to 10 times faster.

Company Information

Company

Copado

About

Copado is the leading DevOps and testing solution for SaaS platforms that run the world's largest digital transformations. Backed by Insight Partners, Salesforce Ventures and SoftBank Vision Fund, Copado accelerates multi-cloud, enterprise deployments by automating the end-to-end software delivery process to maximize customers' return on their cloud investment. More than 1,000 companies rely on Copado to drive digital transformation with speed, quality and value including Boston Scientific, Coca-Cola, Fair Trade, Linde, MassMutual, Schneider Electric and Shell. Copado DevOps 360TM processes over 50 million DevOps transactions per month and is rated with a 100% score on the Salesforce AppExchange. More information can be found at: http://www.copado.com. SOURCE Copado

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