Copado Acquires Leading Sap Testing And Implementation Companies To Expand Depth Of Its Devops And Testing Platform
Feb 01, 2022•over 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.
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