Sandvik Acquires Quality Management Software Provider Dimensional Control Systems
Dec 29, 2021•over 3 years ago
Acquiring Company
Sandvik
Acquired Company
Dimensional Control Systems
Description
Sandvik has acquired US-based Dimensional Control Systems (DCS) - a leading global provider of dimensional quality management software and on-site engineering services. DCS's offering will complement and enhance Sandvik's existing portfolio within metrology. The company will be reported in the Industrial Metrology division, within business area Sandvik Manufacturing and Machining Solutions.
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