Hivelocity Acquires Heficed: Acquisition Will Expand Global Footprint Of Data Center Locations, Include New Product Offering
Jan 09, 2023•almost 3 years ago
Acquiring Company
Hivelocity
Acquired Company
Heficed
Description
Hivelocity, Inc, the leading IaaS and Bare Metal Cloud company announced today their acquisition of UK-based Heficed, an established network infrastructure solutions and cloud provider.
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