Secure-Ic Acquires Silex Insight’S Security Business To Accelerate Its Chip-To-Cloud Plan And Develop The Next-Generation Of Embedded Cybersecurity Solutions
Nov 03, 2022•almost 3 years ago
Acquiring Company
Secure-IC
Acquired Company
Silex Insight
Description
Secure-IC, the rising leader, and the unique global provider of end-to-end cybersecurity solutions for embedded systems and connected objects, announces today the acquisition of Silex Insight’s security business. Silex Insight is a leading provider for flexible and scalable security IP cores solutions which perfectly complement Secure-IC's portfolio. All the current and new customers will benefit from this acquisition as they will always retain top-notch security and performance. As of today, Secure-IC will now offer the largest portfolio of embedded security solutions to the market.
FundzWatch™ Score
81
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