Acquiring Company
Blockstream Capital
Acquired Company
Elysium Lab
Description
Blockstream has announced the acquisition of Elysium Lab, solidifying its presence in Switzerland and launching Blockstream CH SAGL as its new European headquarters. This acquisition will enhance Blockstream's commitment to Bitcoin infrastructure and R&D in Europe. Elysium Lab's team will contribute to Blockstream's mission of advancing financial innovation. The deal also includes the acquisition of patents and intellectual property assets.
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