Acquiring Company
FarmX Inc.
Acquired Company
INC
Mountain ViewDallasHealth CareDescription
FarmX, Inc. announced the acquisition of AutoModality, Inc., a mobile robotics navigation software company, based in San Rafael, CA and Syracuse, NY.
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