Gradiant Acquires Synauta, Machine Learning Company, To Advance Ai Technology In Water
May 17, 2022•over 3 years ago
Acquiring Company
Gradyent
Acquired Company
Synauta
Description
Gradiant, a global solutions provider and developer for cleantech water, today announced it has acquired Canadian artificial intelligence (AI) water technology company Synauta, to accelerate the use of digital twin technology in water. The use of digital twins in industrial water treatment and desalination and water reuse has been pioneered by Gradiant. The acquisition strengthens Gradiant’s position as a technology leader in end-to-end water solutions and accelerates deployment of digital twin technologies to build a digitized water future.
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