Cps Fluidics Acquires Hexano Corp To Expand Its Microfluidics Market Reach

Dec 13, 2022•over 2 years ago

Acquiring Company

CPS Fluidics

Acquired Company

Hexano

BiotechnologyManufacturing

Description

We are happy to announce the successful integration of Hexano Corp into the CPS Fluidics family. Hexano was founded in 2018 with a focus on the manufacturing and prototyping of microfluidic devices.

Company Information

Company

CPS Fluidics

About

CPS Fluidics designs, develops, and manufactures a range of custom fluidic products from large scale flow cells to microfluidic devices. We are a B2B contract manufacturer focused on the life sciences sector, guarding your intellectual property at every step. Our clean room manufacturing infrastructure is set up to scale from low volume prototypes all the way to full commercial volumes with dedicated assembly staff for your product. Our technical staff’s diverse skill set enables us to develop custom flow cell and microfluidic technology for any application such as tissue imaging, micro-arrays, analytical chemistry, cell sorting, sequencing, etc. For more information, please visit us at www.cpsfluidics.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