logo
logo

Skrybit acquires Bitmap.Holdings for data innovation

Jun 12, 2025•about 1 month ago

Acquiring Company

Skrybit

Acquired Company

Bitmap.Holdings

SunnyvaleWaterlooBlockchainCryptocurrency

Description

Skrybit Inc. has announced the acquisition of Bitmap.Holdings, enhancing its mission to build a decentralized data stack anchored on Bitcoin. This acquisition will enable enterprises to organize vital data with security and assurance. The collaboration will also provide numerous applications across various sectors, including legal, real estate, and supply chains. Through this acquisition, both companies aim to promote openness and traceability in enterprise operations.

Company Information

Company

Skrybit

Location

Sunnyvale, California, United States

About

Skrybit is a non-custodial inscription platform enabling individuals and enterprises to permanently store files, metadata, and content directly on the Bitcoin blockchain. With zero platform fees and a radically simple user experience, Skrybit is building tools for the decentralized data layer of tomorrow.

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

Related People

Sina hidden

Gregory hidden