Acquiring Company
Kraken Robotics
Acquired Company
3D at Depth
Description
Kraken Robotics Inc. has completed the acquisition of 3D at Depth Inc., making it a wholly owned subsidiary. This acquisition enhances Kraken's capabilities in subsea LiDAR imaging, allowing for complementary solutions in marine technology. The combined offerings will benefit clients in commercial, defense, and marine research sectors.
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