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Hiphen Acquires Slantrange To Form Leading Global Solution For Crop Measurement And Prediction

Jun 06, 2023over 2 years ago

Acquiring Company

Hiphen

Acquired Company

SLANTRANGE Inc

San Diego

Description

Hiphen and SlantRange, two pioneers in the application of remote sensing, computer vision, and artificial intelligence for agriculture, today announced they are joining forces. Hiphen is acquiring SlantRange to form the leading source of advanced crop measurement and prediction solutions to crop science companies and agricultural enterprises worldwide.

Company Information

Company

Hiphen

About

Hiphen expertise is in High Troughput Plant Phenotyping, data acquisition and deep learning image analysis solutions applied to agriculture.

FundzWatch™ Score

77
High M&A Activity

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