Acquiring Company
TMRW Life Sciences
Acquired Company
Cryogatt Systems
Description
TMRW Life Sciences has announced the acquisition of Cryogatt Systems' patent portfolio to enhance its digital specimen management solutions. This acquisition will allow TMRW to expand its offerings in sperm storage and improve cryogenic storage technologies. With the newly obtained RFID-based technology, TMRW aims to modernize specimen storage and raise the standard of care in the IVF industry. TMRW's commitment to innovation continues as they support fertility clinics with cutting-edge technology.
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