Hiphen Acquires Slantrange To Form Leading Global Solution For Crop Measurement And Prediction
Jun 06, 2023•over 2 years ago
Acquiring Company
Hiphen
Acquired Company
SLANTRANGE Inc
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.
FundzWatch™ Score
77
High M&A Activity
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