Ii-Vi Incorporated Completes The Acquisition Of Coherent, Forming A Global Leader In Materials, Networking, And Lasers
Jul 01, 2022•over 3 years ago
Acquiring Company
II-VI Incorporated
Acquired Company
Coherent
Description
II‐VI Incorporated (Nasdaq: IIVI) today successfully completed the acquisition of Coherent, Inc. (Nasdaq: COHR), forming a global leader in materials, networking, and lasers.
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