BTQ Technologies Corp. completes acquisition of Radical Semiconductor Inc.’s Processing-in-Memory Technology Portfolio
Sep 25, 2024•10 months ago
Acquiring Company
BTQ Technologies Corp
Acquired Company
Radical Semiconductor, Inc.
Description
BTQ Technologies Corp. has successfully acquired Radical Semiconductor Inc.’s entire portfolio of technology assets, strengthening its cryptographic capabilities and positioning the company as a global leader in post-quantum cryptography (PQC) and secure communications technologies. The acquisition enhances BTQ’s quantum-secure solutions across industries like IoT, financial services, and government.
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