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Datacor Announces Acquisition Of Chemstations, A Market Leader In Process Simulation Software

Aug 05, 2021•over 4 years ago

Acquiring Company

Datacor

Acquired Company

Chemstations

information technology & services

Description

Today, Datacor, Inc., a leading provider of process manufacturing and chemical distribution software, announced the acquisition of Chemstations, a company that provides process simulation software called CHEMCAD. Used by chemical engineers to design, test and optimize chemical processes, this purchase expands Datacor's offerings and aligns with Datacor's strategy of providing industry-specific software for each employee of a process manufacturer.

Company Information

Company

Datacor

Location

200 Campus Dr

About

Datacor is a leading provider of process manufacturing and chemical distribution software that helps professionals maximize productivity, use data as a competitive advantage and drive smarter business growth. By remaining a single source of trusted technology, upholding a longstanding reputation as industry experts and serving as a partner in business improvement, we help modern businesses optimize sales and better serve their customers. Learn more at www.datacor.com.

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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