Amplix completes acquisition of GlobalNet Communications to expand its technology advisory services
Feb 25, 2025•5 months ago
Acquiring Company
Amplix
Acquired Company
GlobalNet Communications
Description
Amplix, a national provider of technology advisory services, has announced the acquisition of GlobalNet Communications, a trusted technology advisory partner specializing in data, voice, and cloud solutions. This acquisition expands Amplix's team with skilled professionals and strengthens its presence in Florida, enabling it to offer even greater value to its customers nationwide.
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