Exiger Acquires Industry-Leading Software Supply Chain And Sbom Management Platform Ion Channel
May 16, 2023•over 2 years ago
Acquiring Company
Exiger
Acquired Company
Software Supply Chain
Description
Exiger, the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains, today announced that it has acquired Ion Channel, a best-in-class software supply chain risk management platform. The acquisition marks a major milestone for supply chain risk management (SCRM) as Exiger becomes the first and only technology company to illuminate every dimension of the supply chain, including corporate relationships, physical products, manufacturing processes, raw materials and now software.
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