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RealWear completes acquisition of Almer Technologies to supercharge the industrial adoption of wearables

Nov 14, 2024•10 months ago

Acquiring Company

RealWear

Acquired Company

Almer Technologies

VancouverBernManufacturingSoftwareWireless

Description

RealWear, the global leader in wearable computing for industrial applications, has acquired Almer Technologies, a Swiss pioneer in ultra-compact, user-friendly AR headsets. This strategic acquisition, backed by TeamViewer, is set to accelerate the adoption of wearable AR solutions in industrial settings and boost frontline worker productivity.

Company Information

Company

RealWear

Location

600 HATHEWAY ROAD

Vancouver, Washington, United States

About

RealWear, a global leader in hands-free, wearable computing solutions for frontline workers, was founded in 2016 and is headquartered in Vancouver, Washington, USA. With a vision of creating a world where every frontline worker is equipped to perform at their best, work safely, and take pride in the quality of their work, RealWear is on a mission to empower more than 2 billion frontline workers with the best technology solutions and support.

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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