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Shoplogix Acquires Proxia, Builds On Industry 4.0 Solution Portfolio

Nov 18, 2022•almost 3 years ago

Acquiring Company

SHOPLOGIX

Acquired Company

PROXIA

Description

Shoplogix, a division of FOG Software Group (FOG) and Vela Software, has acquired PROXIA Software AG (PROXIA), a German Manufacturing Execution System (MES) software company, further expanding its portfolio of smart manufacturing software solutions.

Company Information

Company

SHOPLOGIX

About

No matter the machine, no matter the industry, our Smart Factory Suite makes it easy for you to connect, collect, analyze and action on your manufacturing data.

M&A Insights

Based on deal data
Integration 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