Fluence Announces Agreement To Acquire Ai-Enabled Software-As-A-Service Company Nispera
Apr 11, 2022•over 3 years ago
Acquiring Company
Fluence
Acquired Company
Nispera
Description
Fluence (NASDAQ: FLNC), a leading global provider of energy storage products, services and digital applications for renewables and storage, announced today that it has entered into an agreement to acquire Nispera AG (Nispera).
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